Amazon.com, Inc. $AMZN Stake Lessened by AM Investment Strategies LLC

AM Investment Strategies LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 20.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 204,853 shares of the e-commerce giant's stock after selling 54,064 shares during the period. Amazon.com makes up about 10.6% of AM Investment Strategies LLC's investment portfolio, making the stock its 3rd biggest position. AM Investment Strategies LLC's holdings in Amazon.com were worth $44,942,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bare Financial Services Inc increased its stake in Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock worth $177,000 after acquiring an additional 48 shares during the last quarter. Cobblestone Asset Management LLC increased its stake in Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant's stock worth $367,000 after acquiring an additional 50 shares during the last quarter. Seek First Inc. increased its stake in Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant's stock worth $2,009,000 after acquiring an additional 50 shares during the last quarter. Vista Investment Partners LLC increased its stake in Amazon.com by 0.9% during the second quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant's stock worth $1,285,000 after acquiring an additional 52 shares during the last quarter. Finally, Stonekeep Investments LLC increased its stake in Amazon.com by 0.4% during the second quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant's stock worth $3,030,000 after acquiring an additional 54 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,845,122 shares of company stock valued at $4,731,747,929 over the last 90 days. Insiders own 9.70% of the company's stock.

Amazon.com Stock Down 1.3%

Amazon.com stock opened at $219.51 on Friday. The business has a fifty day moving average of $226.55 and a two-hundred day moving average of $211.02. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.49 and a beta of 1.28. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

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

Analyst Ratings Changes

Several brokerages have weighed in on AMZN. Moffett Nathanson boosted their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Telsey Advisory Group reissued an "outperform" rating and set a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, September 24th. Weiss Ratings reissued a "buy (b-)" rating on shares of Amazon.com in a research note on Saturday, September 27th. The Goldman Sachs Group upped their target price on Amazon.com from $240.00 to $275.00 and gave the company a "buy" rating in a research note on Friday. Finally, Barclays upped their target price on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $266.26.

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.

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