Bristlecone Advisors LLC Sells 2,099 Shares of Amazon.com, Inc. $AMZN

Bristlecone Advisors LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 185,557 shares of the e-commerce giant's stock after selling 2,099 shares during the period. Amazon.com makes up 2.9% of Bristlecone Advisors LLC's investment portfolio, making the stock its 5th largest position. Bristlecone Advisors LLC's holdings in Amazon.com were worth $35,304,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Talisman Wealth Advisors LLC lifted its stake in Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after purchasing an additional 53 shares during the period. SWAN Capital LLC lifted its stake in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after purchasing an additional 55 shares during the period. Hamel Associates Inc. lifted its stake in Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after purchasing an additional 55 shares during the period. CWC Advisors LLC. lifted its stake in Amazon.com by 3.1% during the fourth 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 period. Finally, JBGlobal.com LLC lifted its stake in Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock worth $508,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Evercore ISI reiterated an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Needham & Company LLC reiterated a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $262.87.

Insider Activity at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the company'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 completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is owned by company insiders.

Amazon.com Stock Performance

AMZN stock opened at $232.33 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a 50 day moving average price of $225.74 and a 200 day moving average price of $207.90. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock has a market capitalization of $2.48 trillion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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 net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. Amazon.com's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS 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.

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