Droms Strauss Advisors Inc. MO ADV Reduces Position in Amazon.com, Inc. $AMZN

Key Points

• Droms Strauss Advisors Inc. significantly reduced its position in Amazon.com, Inc. by 48.1% in the second quarter, now holding 2,334 shares valued at $512,000.
• Other institutional investors, like Western Wealth Management LLC and Flaharty Asset Management LLC, have also increased their stakes in Amazon, with the majority of the company's shares (72.20%) owned by institutional investors and hedge funds.
• Amazon reported earnings of $1.68 per share for its last quarter, exceeding analyst expectations, while its stock currently has a price target average of $266.26 from 47 analysts.

Droms Strauss Advisors Inc. MO ADV decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 48.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,334 shares of the e-commerce giant's stock after selling 2,161 shares during the period. Droms Strauss Advisors Inc. MO ADV's holdings in Amazon.com were worth $512,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Western Wealth Management LLC boosted its holdings in shares of Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC boosted its holdings in shares of Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock worth $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth $514,000. Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant's stock worth $249,295,000 after purchasing an additional 63,924 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after purchasing an additional 2,145 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 1.3%

Shares of NASDAQ AMZN opened at $219.51 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.49 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock's 50-day simple moving average is $226.55 and its 200-day simple moving average is $211.02.

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, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during 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 quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on AMZN. Cantor Fitzgerald raised their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. Royal Bank Of Canada lifted their target price on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a report on Friday, August 1st. DA Davidson lifted their target price on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, JMP Securities reiterated a "market outperform" rating and issued a $285.00 target price on shares of Amazon.com in a report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Amazon.com currently has a consensus rating of "Buy" and an average target price of $266.26.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 20,845,122 shares of company stock valued at $4,731,747,929 over the last 90 days. Corporate insiders own 9.70% of the company's stock.

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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