Northern Financial Advisors Inc Cuts Position in Amazon.com, Inc. $AMZN

Northern Financial Advisors Inc decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 47.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,715 shares of the e-commerce giant’s stock after selling 2,410 shares during the period. Northern Financial Advisors Inc’s holdings in Amazon.com were worth $596,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Carderock Capital Management Inc. acquired a new position in Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com during the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. increased its stake in Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 97,911 shares of company stock worth $21,765,202. 10.80% of the stock is owned by insiders.

Amazon.com Stock Up 1.4%

NASDAQ:AMZN opened at $224.21 on Monday. The company has a market cap of $2.39 trillion, a price-to-earnings ratio of 34.18, a P/E/G ratio of 1.48 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock’s fifty day moving average price is $225.10 and its two-hundred day moving average price is $214.44. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted 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 return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company posted $1.26 earnings per share. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMZN. Cantor Fitzgerald lifted their target price on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Scotiabank increased their price objective on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 22nd. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the company a “buy” rating in a report on Tuesday, July 8th. Royal Bank Of Canada raised their target price on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Finally, Truist Financial increased their price objective on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $268.69.

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.