Ancora Advisors LLC Has $31.93 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Ancora Advisors LLC reduced its stake in Amazon.com, Inc. by 46.3%, selling 144,519 shares in the first quarter, leaving them with 167,817 shares valued at approximately $31.9 million.
• Amazon reported earnings of $1.68 per share for the last quarter, surpassing analysts' estimates by $0.37, and achieved revenues of $167.70 billion, up 13.3% from the previous year.
• Institutional investors own 72.20% of Amazon's stock, and several analysts recently adjusted their price targets for the stock, with an average target of $262.87.

Ancora Advisors LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 46.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 167,817 shares of the e-commerce giant's stock after selling 144,519 shares during the quarter. Ancora Advisors LLC's holdings in Amazon.com were worth $31,929,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bare Financial Services Inc raised its stake in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock worth $177,000 after buying an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC increased its holdings in Amazon.com by 1.2% during 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 in the last quarter. SWAN Capital LLC lifted its stake in Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after buying an additional 55 shares in the last quarter. Hamel Associates Inc. lifted its position 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 acquiring an additional 55 shares in the last quarter. Finally, CWC Advisors LLC. boosted its stake in shares of Amazon.com by 3.1% during the 4th quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock worth $411,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Price Performance

AMZN traded down $1.80 on Friday, reaching $228.15. The company had a trading volume of 38,434,486 shares, compared to its average volume of 32,713,818. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. 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 company has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30. The company has a fifty day moving average of $226.87 and a 200-day moving average of $208.62.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the firm posted $1.26 earnings per share. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares of the company's stock, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last three months. 9.70% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on AMZN. Citigroup reiterated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Monness Crespi & Hardt raised their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Cantor Fitzgerald boosted their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Wall Street Zen upgraded Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Wells Fargo & Company upped their target price on shares of Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of "Buy" and a consensus price target of $262.87.

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.