Aljian Capital Management LLC Sells 9,784 Shares of Amazon.com, Inc. $AMZN

Aljian Capital Management LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 223,395 shares of the e-commerce giant’s stock after selling 9,784 shares during the quarter. Amazon.com comprises approximately 10.8% of Aljian Capital Management LLC’s holdings, making the stock its 3rd largest position. Aljian Capital Management LLC’s holdings in Amazon.com were worth $49,011,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the 1st quarter worth about $36,000. Maryland Capital Advisors Inc. raised its holdings in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. Ryan Investment Management Inc. purchased a new stake in Amazon.com during the second quarter valued at about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Amazon.com in the first quarter worth approximately $59,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $232.71, for a total transaction of $1,113,284.64. Following the completion of the sale, the chief executive officer owned 498,182 shares in the company, valued at $115,931,933.22. This trade represents a 0.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the transaction, the director owned 7,170 shares in the company, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,594 shares of company stock worth $10,887,531 in the last quarter. 9.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AMZN. Susquehanna set a $300.00 target price on shares of Amazon.com and gave the company a “positive” rating in a research note on Friday, October 31st. Weiss Ratings restated a “buy (b-)” rating on shares of Amazon.com in a research note on Wednesday, November 19th. President Capital lifted their price objective on shares of Amazon.com from $280.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Robert W. Baird set a $285.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, October 31st. Finally, Loop Capital increased their target price on Amazon.com from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $294.70.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $226.28 on Tuesday. The firm has a market capitalization of $2.42 trillion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The firm has a 50-day moving average price of $227.66 and a 200 day moving average price of $222.45.

Amazon.com (NASDAQ:AMZN) last issued 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. The business had revenue of $180.17 billion during 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%.Amazon.com’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Research 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.