Amazon.com, Inc. $AMZN Shares Sold by Allen Wealth Management LLC

Allen Wealth Management LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,058 shares of the e-commerce giant’s stock after selling 110 shares during the quarter. Allen Wealth Management LLC’s holdings in Amazon.com were worth $452,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Western Wealth Management LLC grew its holdings in Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after acquiring an additional 1,297 shares during the period. Flaharty Asset Management LLC grew its stake in shares of Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com during the 1st quarter worth $514,000. Border to Coast Pensions Partnership Ltd grew its stake in shares of Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after purchasing an additional 63,924 shares during the period. Finally, Abel Hall LLC grew its position in Amazon.com by 7.3% during the second quarter. Abel Hall LLC now owns 12,740 shares of the e-commerce giant’s stock worth $2,795,000 after buying an additional 863 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Down 3.2%

AMZN opened at $222.86 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market cap of $2.38 trillion, a P/E ratio of 33.97, a PEG ratio of 1.52 and a beta of 1.28. The business’s fifty day simple moving average is $225.19 and its 200 day simple moving average is $215.39. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period last year, the company earned $1.43 EPS. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This trade 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 is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares in the company, valued at $111,916,569.70. This trade represents a 0.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 95,411 shares of company stock valued at $21,222,702 in the last 90 days. Insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of several recent analyst reports. Bank of America upped their target price on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Cantor Fitzgerald upped their price target on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. UBS Group restated a “buy” rating and issued a $279.00 price target (up previously from $271.00) on shares of Amazon.com in a report on Tuesday. Westpark Capital reissued a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Finally, Susquehanna upped their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a report on Friday, August 1st. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $268.54.

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.