Thompson Investment Management Inc. Lowers Stock Holdings in Amazon.com, Inc. $AMZN

Thompson Investment Management Inc. trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,065 shares of the e-commerce giant’s stock after selling 160 shares during the period. Thompson Investment Management Inc.’s holdings in Amazon.com were worth $892,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG increased its holdings in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE increased its holdings in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new position in shares of Amazon.com in the fourth quarter worth about $2,153,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related 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 sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 95,411 shares of company stock valued at $21,222,702. Insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of a number of analyst reports. Arete lifted their price target on Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday. Evercore ISI reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. HSBC lifted their target price on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. KeyCorp began coverage on shares of Amazon.com in a research report on Thursday, October 23rd. They issued an “overweight” rating on the stock. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $268.54.

Amazon.com Stock Down 3.2%

NASDAQ:AMZN opened at $222.86 on Friday. The firm’s 50-day moving average price is $225.19 and its 200-day moving average price is $215.39. The company has a market capitalization of $2.38 trillion, a PE ratio of 33.97, a P/E/G ratio of 1.52 and a beta of 1.28. 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, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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 firm had revenue of $180.17 billion for 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 period in the prior year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Company 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.