WestEnd Advisors LLC Has $47.48 Million Holdings in Amazon.com, Inc. $AMZN

WestEnd Advisors LLC trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 216,409 shares of the e-commerce giant’s stock after selling 6,019 shares during the period. Amazon.com makes up about 1.2% of WestEnd Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. WestEnd Advisors LLC’s holdings in Amazon.com were worth $47,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the first quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. lifted its position in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 515,507 shares of the company’s stock, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 97,911 shares of company stock valued at $21,765,202 over the last quarter. 9.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMZN. Wedbush raised their price objective on shares of Amazon.com from $250.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday. Monness Crespi & Hardt upped their target price on shares of Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. KeyCorp began coverage on shares of Amazon.com in a research report on Thursday. They set an “overweight” rating for the company. Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $268.69.

Amazon.com Trading Up 1.4%

Shares of NASDAQ:AMZN opened at $224.21 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company’s fifty day simple moving average is $225.10 and its 200 day simple moving average is $214.28. The firm has a market cap of $2.39 trillion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.48 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the business posted $1.26 earnings per share. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Profile

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.