Capstone Financial Advisors Inc. Sells 2,159 Shares of Amazon.com, Inc. $AMZN

Key Points

• Capstone Financial Advisors Inc. has reduced its holdings in Amazon.com, Inc. by 6.0%, leaving the firm with approximately $6.45 million in invested value in Amazon shares.
• Amazon.com stock saw a 4.3% increase during mid-day trading, reaching $235.68, while its market capitalization stands at $2.51 trillion.
• Insider selling activity was notable, with Jeffrey P. Bezos selling over 4.27 million shares, resulting in a 0.47% decrease in his ownership position.

Capstone Financial Advisors Inc. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,896 shares of the e-commerce giant's stock after selling 2,159 shares during the quarter. Amazon.com comprises approximately 0.4% of Capstone Financial Advisors Inc.'s investment portfolio, making the stock its 24th largest position. Capstone Financial Advisors Inc.'s holdings in Amazon.com were worth $6,449,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of AMZN. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth $25,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $35,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $40,000. Finally, Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction 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 $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. 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 company insiders.

Analyst Upgrades and Downgrades

AMZN has been the subject of several recent analyst reports. Jefferies Financial Group raised their price objective on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Citigroup reaffirmed an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. JMP Securities reaffirmed a "market outperform" rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Susquehanna raised their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. Finally, UBS Group reaffirmed a "buy" rating and set a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com currently has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Stock Down 1.4%

NASDAQ:AMZN traded down $3.35 during trading hours on Friday, hitting $232.33. 36,684,807 shares of the company traded hands, compared to its average volume of 32,905,296. 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's 50-day simple moving average is $225.74 and its 200-day simple moving average is $208.13. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a market cap of $2.48 trillion, a PE ratio of 35.42, a PEG ratio of 1.58 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating 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 business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period last year, the business earned $1.26 EPS. The business's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share 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.