Ewa LLC Sells 1,238 Shares of Amazon.com, Inc. $AMZN

Key Points

• Ewa LLC reduced its stake in Amazon by 4.4%, selling 1,238 shares and now holding 27,199 shares valued at approximately $5.97 million.
• Multiple institutional investors changed their positions in Amazon during recent quarters, with Maryland Capital Advisors Inc. increasing its stake by 81.9%.
• Amazon received favorable ratings from several analysts, with a consensus target price of $266.26 and a majority rating of "Buy".

Ewa LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,199 shares of the e-commerce giant's stock after selling 1,238 shares during the quarter. Amazon.com makes up 1.9% of Ewa LLC's holdings, making the stock its 15th largest holding. Ewa LLC's holdings in Amazon.com were worth $5,967,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter valued at about $40,000. Maryland Capital Advisors Inc. raised its stake in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after buying an additional 95 shares during the last quarter. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com in the first quarter valued at about $42,000. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research analyst reports. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, September 11th. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft increased their price target on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Morgan Stanley restated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, September 10th. Finally, Westpark Capital restated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $266.26.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was 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 directly owned 49,000 shares of the company's stock, valued at $10,914,260. This represents a 26.59% 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 Matthew S. Garman sold 17,785 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer directly owned 3,138 shares of the company's stock, valued at $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. Corporate insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $213.04 on Friday. 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 business's 50 day moving average price is $225.66 and its 200-day moving average price is $212.52. The firm has a market capitalization of $2.27 trillion, a PE ratio of 32.48, a P/E/G ratio of 1.42 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the business earned $1.26 earnings per share. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal 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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