Dupont Capital Management Corp Sells 9,724 Shares of Amazon.com, Inc. $AMZN

Dupont Capital Management Corp reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 194,964 shares of the e-commerce giant’s stock after selling 9,724 shares during the quarter. Amazon.com comprises approximately 4.6% of Dupont Capital Management Corp’s investment portfolio, making the stock its 4th largest position. Dupont Capital Management Corp’s holdings in Amazon.com were worth $42,773,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Amazon.com by 10.2% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 659,666 shares of the e-commerce giant’s stock worth $144,724,000 after buying an additional 61,294 shares in the last quarter. Whittier Trust Co. boosted its position in Amazon.com by 16.1% during the second quarter. Whittier Trust Co. now owns 1,295,474 shares of the e-commerce giant’s stock worth $284,213,000 after acquiring an additional 179,384 shares during the last quarter. Lafayette Investments Inc. grew its stake in Amazon.com by 11.5% during the 2nd quarter. Lafayette Investments Inc. now owns 19,925 shares of the e-commerce giant’s stock valued at $4,371,000 after acquiring an additional 2,051 shares in the last quarter. BG Investment Services Inc. grew its stake in Amazon.com by 13.8% during the 2nd quarter. BG Investment Services Inc. now owns 3,241 shares of the e-commerce giant’s stock valued at $711,000 after acquiring an additional 393 shares in the last quarter. Finally, Syntegra Private Wealth Group LLC raised its holdings in Amazon.com by 15.4% in the 2nd quarter. Syntegra Private Wealth Group LLC now owns 18,144 shares of the e-commerce giant’s stock valued at $3,981,000 after acquiring an additional 2,426 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, Director Jonathan Rubinstein sold 8,173 shares of Amazon.com stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the transaction, the director owned 80,030 shares in the company, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s 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 transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,084 shares of company stock worth $29,405,457 over the last ninety days. Company insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AMZN. China Renaissance upped their price target on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Citigroup boosted their price objective on Amazon.com from $270.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. BNP Paribas Exane raised their target price on Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Westpark Capital reissued a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Finally, CIBC upped their price objective on shares of Amazon.com to $315.00 in a report on Monday, October 20th. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $294.15.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $244.20 on Thursday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a fifty day simple moving average of $228.61 and a two-hundred day simple moving average of $220.04. 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 has a market cap of $2.61 trillion, a price-to-earnings ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced 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 analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.