Csenge Advisory Group Reduces Stock Position in Amazon.com, Inc. $AMZN

Csenge Advisory Group trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 73,448 shares of the e-commerce giant’s stock after selling 2,580 shares during the period. Amazon.com accounts for about 0.8% of Csenge Advisory Group’s holdings, making the stock its 19th largest holding. Csenge Advisory Group’s holdings in Amazon.com were worth $15,058,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AMZN. Brighton Jones LLC raised its holdings in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG raised its stake in Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE lifted its position in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com in the fourth quarter valued at $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $232.71, for a total value of $1,113,284.64. Following the sale, the chief executive officer owned 498,182 shares of the company’s stock, valued at approximately $115,931,933.22. The trade was a 0.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the transaction, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at approximately $479,070,771.40. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,734 shares of company stock valued at $18,493,717 over the last 90 days. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $233.88 on Tuesday. The stock has a market capitalization of $2.50 trillion, a P/E ratio of 35.65, a P/E/G 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, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company’s fifty day moving average is $227.65 and its two-hundred day moving average is $223.35.

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 the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter last year, the business earned $1.43 EPS. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

AMZN has been the subject of several research reports. Cantor Fitzgerald boosted their target price on Amazon.com from $280.00 to $315.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Wells Fargo & Company lifted their price target on Amazon.com from $280.00 to $292.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. William Blair reiterated an “outperform” rating on shares of Amazon.com in a research note on Monday, November 3rd. Wolfe Research raised their target price on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Finally, Barclays reaffirmed an “overweight” rating and issued a $300.00 target price (up from $275.00) on shares of Amazon.com in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $296.05.

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.