Amazon.com, Inc. $AMZN Shares Sold by Mitchell Capital Management Co.

Mitchell Capital Management Co. trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 29.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,898 shares of the e-commerce giant’s stock after selling 37,519 shares during the quarter. Amazon.com accounts for 3.7% of Mitchell Capital Management Co.’s holdings, making the stock its 5th largest holding. Mitchell Capital Management Co.’s holdings in Amazon.com were worth $19,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ellis Investment Partners LLC lifted its holdings in Amazon.com by 0.9% during the 2nd quarter. Ellis Investment Partners LLC now owns 14,351 shares of the e-commerce giant’s stock worth $3,148,000 after buying an additional 126 shares during the last quarter. Genesee Capital Advisors LLC boosted its position in shares of Amazon.com by 4.2% during the 2nd quarter. Genesee Capital Advisors LLC now owns 11,470 shares of the e-commerce giant’s stock worth $2,516,000 after acquiring an additional 465 shares in the last quarter. Index Fund Advisors Inc. boosted its position in shares of Amazon.com by 234.2% during the 2nd quarter. Index Fund Advisors Inc. now owns 22,787 shares of the e-commerce giant’s stock worth $4,999,000 after acquiring an additional 15,968 shares in the last quarter. Yarger Wealth Strategies LLC boosted its position in shares of Amazon.com by 3.3% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 29,859 shares of the e-commerce giant’s stock worth $6,551,000 after acquiring an additional 953 shares in the last quarter. Finally, Libra Wealth LLC boosted its position in shares of Amazon.com by 14.3% during the 2nd quarter. Libra Wealth LLC now owns 4,911 shares of the e-commerce giant’s stock worth $1,077,000 after acquiring an additional 616 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Up 4.0%

Shares of NASDAQ AMZN opened at $254.00 on Tuesday. The stock has a market cap of $2.71 trillion, a PE ratio of 38.72, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. 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, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The business has a 50-day moving average price of $226.02 and a 200 day moving average price of $216.95.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating the consensus estimate of $1.57 by $0.38. The firm had revenue of $180.17 billion during 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 firm’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AMZN shares. Canaccord Genuity Group set a $300.00 price objective on Amazon.com and gave the stock a “buy” rating in a research report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Amazon.com in a research report on Friday. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a research report on Monday. Citizens Jmp upped their price objective on Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a research report on Friday. Finally, The Goldman Sachs Group boosted their target price on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, fifty-one have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $291.94.

Insider Activity

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 95,411 shares of company stock worth $21,222,702 over the last quarter. 9.70% of the stock is owned by insiders.

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.