Callan Family Office LLC Decreases Holdings in Amazon.com, Inc. $AMZN

Callan Family Office LLC lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 35.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 125,263 shares of the e-commerce giant's stock after selling 67,824 shares during the period. Amazon.com makes up approximately 1.8% of Callan Family Office LLC's holdings, making the stock its 8th largest position. Callan Family Office LLC's holdings in Amazon.com were worth $23,833,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Castlekeep Investment Advisors LLC acquired a new position in shares of Amazon.com during the 4th quarter worth about $25,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC lifted its position in shares of Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after acquiring an additional 2,145 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AMZN. Telsey Advisory Group reiterated an "outperform" rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Jefferies Financial Group raised their price objective on Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Stifel Nicolaus raised their price objective on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Wedbush raised their price objective on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Finally, Rosenblatt Securities raised their price objective on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Two 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 company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Price Performance

Shares of AMZN traded down $7.91 during mid-day trading on Wednesday, reaching $230.33. The company had a trading volume of 60,798,520 shares, compared to its average volume of 32,696,864. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. 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's 50-day moving average is $226.43 and its 200-day moving average is $208.24. The company has a market capitalization of $2.46 trillion, a P/E ratio of 35.11, a P/E/G ratio of 1.60 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for 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 for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred 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 sale, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the sale, the chief executive officer owned 518,007 shares in the company, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 over the last 90 days. Company insiders own 9.70% of the company's stock.

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.