Amazon.com, Inc. $AMZN is Gallagher Capital Advisors LLC’s 8th Largest Position

Gallagher Capital Advisors LLC reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,298 shares of the e-commerce giant’s stock after selling 273 shares during the quarter. Amazon.com makes up 3.7% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Gallagher Capital Advisors LLC’s holdings in Amazon.com were worth $4,683,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Hoge Financial Services LLC increased its stake in Amazon.com by 8.7% in the second quarter. Hoge Financial Services LLC now owns 4,470 shares of the e-commerce giant’s stock valued at $981,000 after purchasing an additional 357 shares during the last quarter. KPP Advisory Services LLC grew its position in shares of Amazon.com by 1.6% during the second quarter. KPP Advisory Services LLC now owns 47,492 shares of the e-commerce giant’s stock worth $10,419,000 after acquiring an additional 754 shares during the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of Amazon.com by 11.0% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 271,849 shares of the e-commerce giant’s stock valued at $59,641,000 after acquiring an additional 27,022 shares during the period. Canal Insurance CO acquired a new position in shares of Amazon.com in the 2nd quarter valued at $3,291,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in Amazon.com by 0.7% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,214,778 shares of the e-commerce giant’s stock valued at $485,900,000 after purchasing an additional 14,542 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 22,000 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the sale, the chief executive officer directly owned 493,507 shares in the company, valued at approximately $123,391,555.21. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, 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 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 in the last 90 days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Down 1.2%

NASDAQ:AMZN opened at $234.69 on Monday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. 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 fifty day moving average price of $228.70 and a two-hundred day moving average price of $220.98. 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 (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on AMZN shares. The Goldman Sachs Group raised their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Arete raised their price target on Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Wolfe Research increased their price objective on Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Finally, Bank of America boosted their target price on Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a report on Friday, October 31st. Two investment 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $294.15.

About Amazon.com

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.