Alpine Woods Capital Investors LLC Sells 2,544 Shares of Amazon.com, Inc. $AMZN

Alpine Woods Capital Investors LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,421 shares of the e-commerce giant’s stock after selling 2,544 shares during the quarter. Amazon.com comprises 1.5% of Alpine Woods Capital Investors LLC’s holdings, making the stock its 17th largest holding. Alpine Woods Capital Investors LLC’s holdings in Amazon.com were worth $6,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter valued at about $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the first quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. raised its stake in shares of 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 purchasing an additional 95 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AMZN. Arete raised their price target on shares of Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Barclays reissued an “overweight” rating and set a $300.00 target price (up previously from $275.00) on shares of Amazon.com in a report on Friday. Royal Bank Of Canada restated an “outperform” rating on shares of Amazon.com in a research report on Friday. Monness Crespi & Hardt upped their price target on shares of Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Citizens Jmp increased their price target on Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a research report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $293.42.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $249.32 on Wednesday. The firm has a market cap of $2.66 trillion, a PE ratio of 38.01, a P/E/G ratio of 1.52 and a beta of 1.28. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. 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 has a 50-day moving average price of $226.43 and a 200 day moving average price of $217.49.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating 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 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 last year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the transaction, the chief executive officer owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction dated 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 owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 128,084 shares of company stock valued at $29,405,457 in the last ninety days. 9.70% of the stock is currently owned by corporate 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.