Amazon.com, Inc. $AMZN is Middleton & Co. Inc. MA's 2nd Largest Position

Key Points

• Middleton & Co. Inc. MA reduced its position in Amazon by 2.1%, holding 258,789 shares valued at approximately $49.24 million, making it the fund's second-largest investment.
• Insider transactions included VP Shelley Reynolds selling 2,715 shares and SVP David Zapolsky selling 13,570 shares of Amazon, reflecting notable decreases in their ownership percentages.
• Analysts have a consensus buy rating for Amazon with an average target price of $262.87, highlighting bullish expectations for the stock in the near future.

Middleton & Co. Inc. MA cut its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 258,789 shares of the e-commerce giant's stock after selling 5,534 shares during the period. Amazon.com comprises approximately 5.8% of Middleton & Co. Inc. MA's portfolio, making the stock its 2nd largest position. Middleton & Co. Inc. MA's holdings in Amazon.com were worth $49,237,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Talisman Wealth Advisors LLC raised its position in shares of Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC grew its stake in shares of Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after acquiring an additional 55 shares in the last quarter. Hamel Associates Inc. grew its stake in shares of Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after buying an additional 55 shares in the last quarter. CWC Advisors LLC. grew its stake in shares of Amazon.com by 3.1% in the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after buying an additional 56 shares in the last quarter. Finally, JBGlobal.com LLC grew its stake in shares of Amazon.com by 2.1% in the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock valued at $508,000 after buying an additional 56 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

AMZN traded down $3.35 during trading on Friday, hitting $232.33. 36,684,807 shares of the company traded hands, compared to its average volume of 32,905,296. The stock's fifty day moving average is $225.74 and its 200 day moving average is $208.00. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a market cap of $2.48 trillion, a P/E ratio of 35.42, a price-to-earnings-growth ratio of 1.56 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

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

Analyst Upgrades and Downgrades

Several research firms have commented on AMZN. Cowen reiterated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Jefferies Financial Group upped their price objective on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Bank of America upped their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Susquehanna increased their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a report on Friday, August 1st. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was 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 owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is owned by insiders.

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.