Naviter Wealth LLC Has $15.98 Million Stock Holdings in Amazon.com, Inc. $AMZN

Naviter Wealth LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,820 shares of the e-commerce giant’s stock after selling 1,381 shares during the period. Amazon.com makes up approximately 2.0% of Naviter Wealth LLC’s portfolio, making the stock its 9th biggest position. Naviter Wealth LLC’s holdings in Amazon.com were worth $15,976,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Carderock Capital Management Inc. purchased a new position in Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com during the first quarter worth about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter worth about $40,000. Capitol Family Office Inc. purchased a new stake in Amazon.com in the 1st quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. increased its stake in Amazon.com by 81.9% in the 2nd 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 during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

NASDAQ AMZN opened at $249.32 on Wednesday. The firm has a market cap 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 company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company’s 50 day moving average is $226.43 and its 200-day moving average is $217.49. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

Amazon.com (NASDAQ:AMZN) last posted its 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the prior year, the business posted $1.43 earnings per share. The business’s quarterly revenue was up 13.4% on a year-over-year basis. 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 year.

Insiders Place Their Bets

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares of the company’s stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 22,000 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $5,500,660.00. Following the sale, the chief executive officer owned 493,507 shares in the company, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 128,084 shares of company stock worth $29,405,457 over the last quarter. Insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AMZN. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Amazon.com in a report on Friday. Piper Sandler reissued a “negative” rating on shares of Amazon.com in a research report on Friday. Benchmark upped their price objective on Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft raised their target price on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Two equities 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average target price of $293.42.

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.