Amazon.com, Inc. $AMZN Position Trimmed by Oak Ridge Investments LLC

Oak Ridge Investments LLC cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 318,993 shares of the e-commerce giant’s stock after selling 45,024 shares during the quarter. Amazon.com makes up approximately 5.0% of Oak Ridge Investments LLC’s portfolio, making the stock its 4th largest holding. Oak Ridge Investments LLC’s holdings in Amazon.com were worth $69,984,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMZN. Brighton Jones LLC grew its stake in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after acquiring an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG grew its stake in Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE grew its stake in Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new stake in Amazon.com during the 4th quarter valued at about $2,153,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Citizens Jmp boosted their target price on shares of Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a report on Friday. DA Davidson raised their price target on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Friday. Scotiabank raised their price target on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 22nd. Piper Sandler restated a “negative” rating on shares of Amazon.com in a report on Friday. Finally, BMO Capital Markets restated an “outperform” rating and set a $300.00 price target on shares of Amazon.com in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $289.88.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,411 shares of company stock worth $21,222,702 over the last 90 days. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $244.22 on Monday. The firm’s 50 day moving average price is $225.49 and its 200-day moving average price is $216.37. 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 one year low of $161.38 and a one year high of $250.50. The firm has a market cap of $2.60 trillion, a P/E ratio of 37.23, a P/E/G 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 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 firm had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same period in the prior year, the business posted $1.43 EPS. The business’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 predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.