Fourth Dimension Wealth LLC Cuts Stock Position in Amazon.com, Inc. $AMZN

Fourth Dimension Wealth LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,408 shares of the e-commerce giant’s stock after selling 870 shares during the period. Amazon.com accounts for 2.5% of Fourth Dimension Wealth LLC’s holdings, making the stock its 9th biggest holding. Fourth Dimension Wealth LLC’s holdings in Amazon.com were worth $6,013,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMZN. Carderock Capital Management Inc. bought a new position in Amazon.com in the second quarter worth approximately $27,000. Maryland Capital Advisors Inc. raised its position in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the period. Ryan Investment Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth approximately $48,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Amazon.com in the 1st quarter worth $59,000. Finally, Access Investment Management LLC acquired a new stake in Amazon.com in the 2nd quarter valued at $74,000. Institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the completion of the transaction, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. This represents a 0.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the sale, the director directly owned 26,148 shares in the company, valued at $5,925,398.28. This trade represents a 4.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 79,734 shares of company stock valued at $18,493,717. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Wolfe Research upped their price objective on shares of Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Robert W. Baird set a $285.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, October 31st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. Pivotal Research boosted their price objective on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, BNP Paribas started coverage on Amazon.com in a research note on Monday, November 24th. They issued an “outperform” rating for the company. One 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $296.05.

Get Our Latest Research Report on Amazon.com

Amazon.com Stock Up 0.3%

AMZN stock opened at $233.88 on Tuesday. The stock has a market cap 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 current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock’s fifty day simple moving average is $227.65 and its two-hundred day simple moving average is $223.35. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share 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 the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s quarterly 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. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.