Amazon.com, Inc. $AMZN Shares Sold by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,899 shares of the e-commerce giant’s stock after selling 635 shares during the period. Amazon.com makes up 0.7% of Capital Wealth Alliance LLC’s portfolio, making the stock its 26th biggest position. Capital Wealth Alliance LLC’s holdings in Amazon.com were worth $1,294,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its position in shares of Amazon.com by 542,733.6% during the second 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 period. Nuveen LLC acquired a new stake in Amazon.com in the 1st quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. raised its stake in Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $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 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Finally, Amundi grew its stake in shares of Amazon.com by 15.1% in the first 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 in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Down 1.2%

Shares of NASDAQ:AMZN opened at $234.69 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.51 trillion, a price-to-earnings ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The company has a 50 day moving average price of $228.70 and a 200 day moving average price of $220.72.

Amazon.com (NASDAQ:AMZN) 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. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AMZN. Oppenheimer lifted their price objective on shares of Amazon.com from $245.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. New Street Research raised their target price on shares of Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. UBS Group set a $310.00 price target on shares of Amazon.com in a research report on Friday, October 31st. Truist Financial set a $290.00 price objective on shares of Amazon.com in a report 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 report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average price target of $294.15.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $255.44, for a total value of $638,600.00. Following the completion of the transaction, the chief executive officer owned 491,007 shares in the company, valued at $125,422,828.08. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a document filed 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 sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 123,300 shares of company stock valued at $28,294,038 over the last 90 days. 9.70% of the stock is owned by insiders.

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.