Amazon.com, Inc. $AMZN is Atria Wealth Solutions Inc.’s 10th Largest Position

Atria Wealth Solutions Inc. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 58.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 223,202 shares of the e-commerce giant’s stock after selling 317,500 shares during the period. Amazon.com comprises 1.1% of Atria Wealth Solutions Inc.’s investment portfolio, making the stock its 10th biggest holding. Atria Wealth Solutions Inc.’s holdings in Amazon.com were worth $49,221,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $40,000. Maryland Capital Advisors Inc. increased its holdings in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares in the last quarter. Finally, Capitol Family Office Inc. purchased a new position in Amazon.com in the first quarter valued at about $42,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMZN. Wedbush reaffirmed an “outperform” rating and issued a $340.00 target price on shares of Amazon.com in a report on Monday. Weiss Ratings cut shares of Amazon.com from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a report on Monday. CIBC increased their target price on shares of Amazon.com to $315.00 in a report on Monday, October 20th. Finally, Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifty-three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $293.42.

Insiders Place Their Bets

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was 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 approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 128,084 shares of company stock worth $29,405,457. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Down 1.8%

Shares of AMZN opened at $249.32 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.66 trillion, a P/E ratio of 38.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. The stock’s fifty day simple moving average is $226.43 and its 200 day simple moving average is $217.49. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share 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 analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share 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.