Bender Robert & Associates Reduces Stake in Amazon.com, Inc. $AMZN

Bender Robert & Associates lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,770 shares of the e-commerce giant’s stock after selling 823 shares during the quarter. Amazon.com makes up about 6.5% of Bender Robert & Associates’ portfolio, making the stock its 5th biggest position. Bender Robert & Associates’ holdings in Amazon.com were worth $29,128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the second quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the first quarter valued at approximately $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. boosted its holdings in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 95 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the transaction, the chief executive officer owned 520,507 shares of the company’s stock, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 95,411 shares of company stock worth $21,222,702. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

AMZN opened at $222.86 on Friday. The firm has a fifty day moving average price of $225.19 and a 200 day moving average price of $215.39. The stock has a market cap of $2.38 trillion, a P/E ratio of 33.97, a P/E/G ratio of 1.52 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of recent analyst reports. Evercore ISI reiterated an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Citigroup reiterated a “market outperform” rating on shares of Amazon.com in a research note on Tuesday. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. UBS Group reaffirmed a “buy” rating and set a $279.00 target price (up previously from $271.00) on shares of Amazon.com in a report on Tuesday. Finally, Westpark Capital reaffirmed a “buy” rating and set a $280.00 target price on shares of Amazon.com 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $268.54.

Check Out Our Latest Analysis on AMZN

About Amazon.com

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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