JNBA Financial Advisors Decreases Stake in Amazon.com, Inc. $AMZN

JNBA Financial Advisors decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,720 shares of the e-commerce giant’s stock after selling 469 shares during the period. JNBA Financial Advisors’ holdings in Amazon.com were worth $2,352,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its position in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Northern Trust Corp lifted its position in shares of Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $11,674,091,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Amazon.com by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock worth $11,461,952,000 after buying an additional 605,415 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 9.6%

NASDAQ:AMZN opened at $244.22 on Friday. 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 business’s 50 day moving average is $225.49 and its two-hundred day moving average is $215.83. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $250.50. The company has a market cap of $2.60 trillion, a PE ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last announced 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. The business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. HSBC raised their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Stifel Nicolaus lifted their target price on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price target on Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Rosenblatt Securities raised their price objective on Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average target price of $289.88.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares of the company’s stock, valued at $111,916,569.70. The trade was a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on 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 directly owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 95,411 shares of company stock worth $21,222,702. 9.70% of the stock is currently owned by insiders.

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.