Objective Capital Management LLC Decreases Holdings in Amazon.com, Inc. $AMZN

Objective Capital Management LLC cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 48.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,158 shares of the e-commerce giant's stock after selling 6,629 shares during the quarter. Amazon.com accounts for approximately 1.7% of Objective Capital Management LLC's holdings, making the stock its 16th biggest holding. Objective Capital Management LLC's holdings in Amazon.com were worth $1,362,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Sather Financial Group Inc raised its stake in shares of Amazon.com by 6.2% during the first quarter. Sather Financial Group Inc now owns 16,188 shares of the e-commerce giant's stock worth $3,080,000 after acquiring an additional 939 shares in the last quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD increased its stake in shares of Amazon.com by 13.4% in the first quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 48,185 shares of the e-commerce giant's stock worth $9,163,000 after buying an additional 5,685 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD increased its stake in shares of Amazon.com by 13.5% in the first quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 139,764 shares of the e-commerce giant's stock worth $26,577,000 after buying an additional 16,575 shares during the period. Mediolanum International Funds Ltd increased its stake in shares of Amazon.com by 2.0% in the first quarter. Mediolanum International Funds Ltd now owns 1,039,498 shares of the e-commerce giant's stock worth $200,332,000 after buying an additional 20,536 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ increased its stake in shares of Amazon.com by 0.6% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 5,319,992 shares of the e-commerce giant's stock worth $1,012,182,000 after buying an additional 34,245 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on AMZN shares. Wedbush lifted their target price on shares of Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Morgan Stanley reaffirmed an "overweight" rating and issued a $300.00 target price on shares of Amazon.com in a research note on Thursday, August 14th. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Needham & Company LLC reaffirmed a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Benchmark reaffirmed a "buy" rating and issued a $260.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $262.87.

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of the business'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 owned 119,780 shares in the company, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,097,911 shares of company stock worth $5,675,986,299. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $227.94 on Tuesday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market cap of $2.43 trillion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. 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 company's fifty day moving average price is $222.87 and its 200-day moving average price is $207.84.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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 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 analysts' expectations of $161.80 billion. During the same quarter in the previous year, the business posted $1.26 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.

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