Amazon.com, Inc. $AMZN Stock Holdings Decreased by Elm3 Financial Group LLC

Elm3 Financial Group LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,566 shares of the e-commerce giant’s stock after selling 1,209 shares during the quarter. Amazon.com accounts for about 7.0% of Elm3 Financial Group LLC’s portfolio, making the stock its largest position. Elm3 Financial Group LLC’s holdings in Amazon.com were worth $8,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Drake & Associates LLC increased its holdings in Amazon.com by 4.6% in the second quarter. Drake & Associates LLC now owns 12,085 shares of the e-commerce giant’s stock valued at $2,651,000 after buying an additional 531 shares during the last quarter. Heck Capital Advisors LLC increased its holdings in Amazon.com by 12.0% in the second quarter. Heck Capital Advisors LLC now owns 6,698 shares of the e-commerce giant’s stock valued at $1,469,000 after buying an additional 715 shares during the last quarter. KPP Advisory Services LLC increased its holdings in Amazon.com by 1.6% in the second quarter. KPP Advisory Services LLC now owns 47,492 shares of the e-commerce giant’s stock valued at $10,419,000 after buying an additional 754 shares during the last quarter. Next Level Wealth Planning LLC increased its holdings in Amazon.com by 13.9% in the second quarter. Next Level Wealth Planning LLC now owns 4,006 shares of the e-commerce giant’s stock valued at $879,000 after buying an additional 489 shares during the last quarter. Finally, D.B. Root & Company LLC increased its holdings in Amazon.com by 3.5% in the second quarter. D.B. Root & Company LLC now owns 21,910 shares of the e-commerce giant’s stock valued at $4,807,000 after buying an additional 733 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 97,911 shares of company stock worth $21,765,202 in the last three months. Company insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent analyst reports. UBS Group reissued a “buy” rating and issued a $271.00 target price on shares of Amazon.com in a report on Wednesday. Mizuho set a $300.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Monday, September 29th. Piper Sandler raised their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Barclays raised their price objective on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective on the stock in a report on Friday, June 27th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $268.69.

Amazon.com Price Performance

Shares of AMZN opened at $224.21 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 1.46 and a beta of 1.28. The firm has a 50-day simple moving average of $225.10 and a 200-day simple moving average of $213.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.