GenTrust LLC Has $7.90 Million Position in Amazon.com, Inc. $AMZN

GenTrust LLC cut its position in Amazon.com, Inc. (NASDAQ:AMZN) by 12.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,984 shares of the e-commerce giant’s stock after selling 5,337 shares during the quarter. GenTrust LLC’s holdings in Amazon.com were worth $7,895,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barlow Wealth Partners Inc. raised its position in Amazon.com by 0.4% during the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after purchasing an additional 44 shares during the last quarter. Ridgecrest Wealth Partners LLC increased its stake in Amazon.com by 0.5% in the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after purchasing an additional 45 shares in the last quarter. Probity Advisors Inc. raised its holdings in shares of Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after purchasing an additional 45 shares during the period. Bare Financial Services Inc boosted its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC boosted its holdings in Amazon.com by 1.2% in the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after acquiring an additional 48 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. DZ Bank restated a “buy” rating on shares of Amazon.com in a report on Friday, October 31st. Cantor Fitzgerald boosted their target price on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 31st. Stifel Nicolaus lifted their price target on Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Pivotal Research increased their price objective on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $294.15.

Amazon.com Stock Down 1.2%

Shares of 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 market capitalization of $2.51 trillion, a PE ratio of 35.78, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The business has a fifty day moving average price of $228.70 and a two-hundred day moving average price of $220.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The company 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 business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In related 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 value of $5,500,660.00. Following the sale, the chief executive officer owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. The trade was a 4.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 123,300 shares of company stock worth $28,294,038. 9.70% of the stock is owned by insiders.

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.