ERn Financial LLC Sells 14,680 Shares of Amazon.com, Inc. $AMZN

Key Points

• ERn Financial LLC significantly reduced its stake in Amazon.com, Inc. by 74.1%, selling 14,680 shares during the second quarter, leaving them with 5,143 shares valued at approximately $1,128,000.
• Multiple institutional investors have increased their stakes in Amazon, with Brighton Jones LLC raising its holdings by 10.9% and several others also making notable purchases in the last quarter.
• Amazon's recent performance shows a strong quarterly earnings report with $1.68 EPS, exceeding analyst expectations, and a revenue increase of 13.3% year-over-year, reaching $167.70 billion.

ERn Financial LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 74.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,143 shares of the e-commerce giant's stock after selling 14,680 shares during the quarter. ERn Financial LLC's holdings in Amazon.com were worth $1,128,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMZN. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after buying an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its stake in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE lifted its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in Amazon.com in the fourth quarter valued at approximately $2,153,000. Institutional investors own 72.20% of the company's stock.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction on Thursday, August 21st. The shares were 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 of the company's stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,597,911 shares of company stock valued at $2,652,463,783. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. JMP Securities reissued a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Westpark Capital reissued a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Rosenblatt Securities boosted their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $266.26.

Amazon.com Stock Performance

NASDAQ AMZN opened at $216.37 on Monday. 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 firm's fifty day moving average price is $225.94 and its two-hundred day moving average price is $211.97. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the firm posted $1.26 earnings per share. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.

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