Amazon.com, Inc. $AMZN Stock Position Cut by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,495 shares of the e-commerce giant’s stock after selling 3,819 shares during the quarter. Amazon.com makes up about 3.4% of Game Plan Financial Advisors LLC’s holdings, making the stock its 7th biggest holding. Game Plan Financial Advisors LLC’s holdings in Amazon.com were worth $7,787,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the 2nd quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the 1st quarter worth about $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the 1st quarter worth about $40,000. Maryland Capital Advisors Inc. grew its position in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the 1st quarter worth about $42,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. HSBC upped their target price on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. upped their price target on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Wednesday, September 24th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $268.54.

Insider Activity

In other news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer owned 515,507 shares of the company’s stock, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 97,911 shares of company stock worth $21,765,202. Company insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $229.25 on Wednesday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 34.95, a PEG ratio of 1.50 and a beta of 1.28. 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 has a 50-day moving average price of $225.04 and a 200-day moving average price of $215.02.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.