Amazon.com, Inc. $AMZN Shares Sold by Argonautica Private Wealth Management Inc.

Argonautica Private Wealth Management Inc. cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,346 shares of the e-commerce giant’s stock after selling 991 shares during the quarter. Amazon.com comprises 2.9% of Argonautica Private Wealth Management Inc.’s investment portfolio, making the stock its 6th largest holding. Argonautica Private Wealth Management Inc.’s holdings in Amazon.com were worth $9,071,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter valued at $36,000. Maryland Capital Advisors Inc. lifted its position 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 worth $46,000 after purchasing an additional 95 shares during the period. Ryan Investment Management Inc. acquired a new stake in Amazon.com during the second quarter worth $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in Amazon.com in the 1st quarter valued at $59,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Jonathan Rubinstein sold 8,173 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the transaction, the director directly owned 80,030 shares in the company, valued at approximately $20,009,900.90. The trade was a 9.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The stock was 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. The SEC filing for this sale provides additional information. Insiders have sold a total of 123,300 shares of company stock worth $28,294,038 in the last quarter. 9.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. China Renaissance lifted their target price on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. William Blair reiterated an “outperform” rating on shares of Amazon.com in a research report on Monday, November 3rd. Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, BNP Paribas Exane boosted their target price on Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $294.15.

Amazon.com Trading Down 2.7%

AMZN opened at $237.58 on Friday. The stock has a market capitalization of $2.54 trillion, a P/E ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The firm’s fifty day simple moving average is $228.65 and its 200 day simple moving average is $220.16. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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 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 in the prior year, the company earned $1.43 EPS. The company’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS 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.