Revolve Wealth Partners LLC Has $5.88 Million Stock Position in Amazon.com, Inc. $AMZN

Revolve Wealth Partners LLC cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,810 shares of the e-commerce giant’s stock after selling 1,397 shares during the period. Amazon.com comprises approximately 0.8% of Revolve Wealth Partners LLC’s investment portfolio, making the stock its 28th biggest holding. Revolve Wealth Partners LLC’s holdings in Amazon.com were worth $5,882,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Kingstone Capital Partners Texas LLC boosted its stake in shares of Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after buying an additional 132,616,953 shares during the last quarter. Nuveen LLC bought a new stake in Amazon.com during the first quarter worth about $11,674,091,000. Goldman Sachs Group Inc. raised its holdings in Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. boosted its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares during the last quarter. Finally, Amundi increased its position in shares of Amazon.com by 15.1% during the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after purchasing an additional 7,267,277 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.8%

NASDAQ:AMZN opened at $249.32 on Wednesday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. 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 stock 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. The firm has a fifty day simple moving average of $226.43 and a two-hundred day simple moving average of $217.49.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter in the prior year, the firm earned $1.43 EPS. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on 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 owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com 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 transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 128,084 shares of company stock valued at $29,405,457 over the last three months. 9.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AMZN. The Goldman Sachs Group lifted their price target on Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft upped their price objective on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. China Renaissance increased their target price on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday. Cantor Fitzgerald increased their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Citigroup lifted their target price on Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $293.42.

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.