Lindenwold Advisors INC Sells 2,100 Shares of Amazon.com, Inc. $AMZN

Key Points

• Lindenwold Advisors INC reduced its stake in Amazon.com by 10.1%, now holding 18,628 shares valued at approximately $3.54 million. This stock accounts for about 2.0% of their portfolio.
• Several analysts have upgraded their ratings on Amazon.com, with BNP Paribas Exane raising it from "neutral" to "outperform" and setting a price target of $254.00, while the average price target across analysts is $262.87.
• Insider transactions have seen CEO Andrew R. Jassy and CFO Brian T. Olsavsky sell significant shares of Amazon stock, indicating a 0.90% and 26.59% decrease in their ownership, respectively.

Lindenwold Advisors INC lowered its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,628 shares of the e-commerce giant's stock after selling 2,100 shares during the period. Amazon.com makes up about 2.0% of Lindenwold Advisors INC's portfolio, making the stock its 13th largest holding. Lindenwold Advisors INC's holdings in Amazon.com were worth $3,544,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Western Wealth Management LLC boosted its holdings in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter valued at about $514,000. Bearing Point Capital LLC bought a new stake in Amazon.com in the 4th quarter valued at about $12,014,000. Evergreen Capital Management LLC boosted its holdings in Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after purchasing an additional 1,198 shares during the period. Finally, Keyvantage Wealth LLC bought a new stake in Amazon.com in the 4th quarter valued at about $2,735,000. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMZN. Truist Financial upped their price target on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Citizens Jmp started coverage on shares of Amazon.com in a report on Thursday, July 10th. They set a "strong-buy" rating for the company. UBS Group reiterated a "buy" rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the company a "buy" rating in a research report on Tuesday, July 8th. Finally, Stifel Nicolaus upped their price target on shares of Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Amazon.com has an average rating of "Buy" and a consensus price target of $262.87.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 25,095,411 shares of company stock worth $5,675,473,849 in the last ninety days. 10.80% of the stock is owned by company insiders.

Amazon.com Stock Down 0.2%

NASDAQ AMZN traded down $0.54 on Wednesday, hitting $224.80. 15,262,786 shares of the company were exchanged, compared to its average volume of 43,779,773. The company has a market cap of $2.40 trillion, a PE ratio of 34.27, a PEG ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a fifty day moving average of $224.91 and a 200-day moving average of $207.92. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com 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.