Amazon.com, Inc. $AMZN Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,579 shares of the e-commerce giant’s stock after selling 2,579 shares during the quarter. Amazon.com makes up approximately 3.0% of Smithbridge Asset Management Inc. DE’s holdings, making the stock its 4th largest position. Smithbridge Asset Management Inc. DE’s holdings in Amazon.com were worth $17,020,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Wilson Asset Management International PTY Ltd. acquired a new position in Amazon.com in the second quarter valued at approximately $11,102,000. Western Wealth Management LLC raised its position in shares of Amazon.com by 0.9% during the 1st 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 period. Flaharty Asset Management LLC lifted its holdings in shares of Amazon.com by 87.7% in the 1st 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 position in Amazon.com during the 1st quarter valued at approximately $514,000. Finally, Border to Coast Pensions Partnership Ltd grew its stake in Amazon.com by 6.0% during the 2nd 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 buying an additional 63,924 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 22,000 shares of Amazon.com stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the transaction, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated 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 owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 128,084 shares of company stock worth $29,405,457 in the last quarter. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 0.6%

AMZN stock opened at $244.41 on Friday. The firm’s 50-day moving average is $227.39 and its two-hundred day moving average is $218.43. The company has a market capitalization of $2.61 trillion, a price-to-earnings ratio of 37.26, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same quarter last year, the business earned $1.43 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on AMZN. Royal Bank Of Canada reiterated an “outperform” rating on shares of Amazon.com in a research note on Friday, October 31st. Citizens Jmp increased their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a report on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Piper Sandler reissued a “negative” rating on shares of Amazon.com in a research note on Friday, October 31st. Finally, TD Cowen upped their target price on shares of Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $293.17.

Amazon.com Company 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.