Amazon.com, Inc. $AMZN Position Decreased by Cascade Investment Group Inc.

Cascade Investment Group Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,771 shares of the e-commerce giant’s stock after selling 111 shares during the quarter. Amazon.com makes up about 2.1% of Cascade Investment Group Inc.’s investment portfolio, making the stock its 7th biggest position. Cascade Investment Group Inc.’s holdings in Amazon.com were worth $3,021,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com during the 2nd quarter worth about $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter worth about $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the first quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the first quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. increased its position 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 worth $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 Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the transaction, the chief executive officer directly owned 520,507 shares of the company’s stock, valued at $115,354,761.34. This represents a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated 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 $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,411 shares of company stock worth $21,222,702 over the last three months. Insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $222.86 on Friday. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The stock has a 50-day simple moving average of $225.19 and a 200-day simple moving average of $215.39. The firm has a market cap of $2.38 trillion, a P/E ratio of 33.97, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter last year, the company earned $1.43 earnings per share. Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on AMZN shares. Benchmark restated a “buy” rating and set a $260.00 price objective on shares of Amazon.com in a report on Wednesday, October 22nd. Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. JMP Securities restated a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. CIBC upped their price target on Amazon.com to $315.00 in a research note on Monday, October 20th. Finally, DA Davidson upped their price target on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $268.54.

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.