Northwest Capital Management Inc Has $2.59 Million Stake in Amazon.com, Inc. $AMZN

Northwest Capital Management Inc trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 49.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,811 shares of the e-commerce giant’s stock after selling 11,374 shares during the quarter. Amazon.com comprises 1.4% of Northwest Capital Management Inc’s portfolio, making the stock its 19th biggest holding. Northwest Capital Management Inc’s holdings in Amazon.com were worth $2,591,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Western Wealth Management LLC increased its stake in Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after purchasing an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC boosted its holdings in shares of Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $514,000. Border to Coast Pensions Partnership Ltd increased its position in shares of Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after acquiring an additional 63,924 shares in the last quarter. Finally, Abel Hall LLC raised its holdings in shares of Amazon.com by 7.3% during the second quarter. Abel Hall LLC now owns 12,740 shares of the e-commerce giant’s stock worth $2,795,000 after acquiring an additional 863 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AMZN shares. China Renaissance boosted their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday. Royal Bank Of Canada reissued an “outperform” rating on shares of Amazon.com in a research report on Friday. Scotiabank raised their price objective on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. Arete lifted their target price on Amazon.com from $248.00 to $253.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Finally, Oppenheimer upped their target price on Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $293.42.

View Our Latest Stock Report on Amazon.com

Insider Activity

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a document filed 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 dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, 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. Over the last 90 days, insiders sold 128,084 shares of company stock valued at $29,405,457. 9.70% of the stock is currently owned by insiders.

Amazon.com Trading Down 1.8%

AMZN opened at $249.32 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The company’s 50 day moving average price is $226.43 and its two-hundred day moving average price is $217.49. The firm has a market capitalization of $2.66 trillion, a price-to-earnings ratio of 38.01, a PEG ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter last year, the firm posted $1.43 earnings per share. The company’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, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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