Amazon.com, Inc. $AMZN Shares Sold by Ellevest Inc.

Ellevest Inc. trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,295 shares of the e-commerce giant’s stock after selling 1,202 shares during the period. Amazon.com comprises about 1.2% of Ellevest Inc.’s holdings, making the stock its 16th biggest holding. Ellevest Inc.’s holdings in Amazon.com were worth $7,743,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of AMZN. Commonwealth Retirement Investments LLC raised its holdings in Amazon.com by 54.1% during the 2nd quarter. Commonwealth Retirement Investments LLC now owns 4,279 shares of the e-commerce giant’s stock worth $939,000 after buying an additional 1,502 shares during the period. Crestwood Advisors Group LLC boosted its holdings in shares of Amazon.com by 3.2% in the second quarter. Crestwood Advisors Group LLC now owns 977,228 shares of the e-commerce giant’s stock worth $214,396,000 after buying an additional 30,353 shares during the period. Artemis Wealth Advisors LLC increased its position in shares of Amazon.com by 48.0% in the second quarter. Artemis Wealth Advisors LLC now owns 103,588 shares of the e-commerce giant’s stock worth $22,726,000 after acquiring an additional 33,588 shares in the last quarter. FWG Holdings LLC increased its position in shares of Amazon.com by 1.7% in the second quarter. FWG Holdings LLC now owns 14,112 shares of the e-commerce giant’s stock worth $2,987,000 after acquiring an additional 239 shares in the last quarter. Finally, Atlas Wealth LLC raised its holdings in shares of Amazon.com by 4.9% during the second quarter. Atlas Wealth LLC now owns 24,715 shares of the e-commerce giant’s stock valued at $5,449,000 after acquiring an additional 1,144 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of several research analyst reports. Wolfe Research lifted their price objective on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Piper Sandler reiterated a “negative” rating on shares of Amazon.com in a report on Friday, October 31st. Stifel Nicolaus upped their price target on Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Benchmark increased their price objective on Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Monness Crespi & Hardt lifted their target price on Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $296.05.

Amazon.com Trading Up 0.3%

Shares of NASDAQ AMZN opened at $233.88 on Tuesday. The business has a 50 day simple moving average of $227.65 and a 200 day simple moving average of $223.35. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The stock has a market cap of $2.50 trillion, a price-to-earnings ratio of 35.65, a PEG ratio of 1.52 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the previous year, the company earned $1.43 earnings per share. The company’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.94, for a total value of $4,311,031.68. Following the completion of the sale, the chief executive officer directly owned 2,208,310 shares in the company, valued at approximately $479,070,771.40. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Matthew S. Garman sold 17,768 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer owned 6,273 shares in the company, valued at approximately $1,360,613.70. This trade represents a 73.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,734 shares of company stock worth $18,493,717 in the last 90 days. 9.70% of the stock is owned by corporate insiders.

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.