SJS Investment Consulting Inc. Cuts Holdings in Amazon.com, Inc. $AMZN

Key Points

• SJS Investment Consulting Inc. has reduced its holdings in Amazon.com, Inc. by 29.5%, now owning 8,280 shares, which represents 0.3% of its investment portfolio.
• Amazon.com is currently rated as a Buy by the majority of analysts, with a consensus price target of $265.09, and has recently reported better-than-expected quarterly earnings.
• Insider trading activity includes Jeff Bezos selling 4,273,237 shares, which has led to a 0.47% decrease in his ownership stake in the company.

SJS Investment Consulting Inc. decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 29.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,280 shares of the e-commerce giant's stock after selling 3,468 shares during the quarter. Amazon.com makes up 0.3% of SJS Investment Consulting Inc.'s investment portfolio, making the stock its 29th biggest holding. SJS Investment Consulting Inc.'s holdings in Amazon.com were worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at $40,000. Maryland Capital Advisors Inc. grew its position in shares of Amazon.com by 81.9% in the 2nd 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 position in Amazon.com during the 1st quarter worth approximately $42,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMZN. Evercore ISI restated an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a research note on Wednesday, August 13th. Canaccord Genuity Group restated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. HSBC raised their price objective on shares of Amazon.com from $256.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday. JMP Securities reissued a "market outperform" rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Wedbush reissued an "outperform" rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $265.09.

Amazon.com Stock Up 0.8%

Shares of NASDAQ AMZN opened at $222.41 on Friday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a market capitalization of $2.37 trillion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. 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 firm's 50-day moving average is $226.79 and its two-hundred day moving average is $210.83.

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 (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 20,842,622 shares of company stock worth $4,731,205,179 in the last quarter. Corporate insiders own 9.70% of the company's stock.

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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