Amazon.com, Inc. $AMZN Stock Position Cut by Barden Capital Management Inc.

Barden Capital Management Inc. reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,455 shares of the e-commerce giant’s stock after selling 538 shares during the quarter. Amazon.com accounts for about 2.6% of Barden Capital Management Inc.’s investment portfolio, making the stock its 9th largest holding. Barden Capital Management Inc.’s holdings in Amazon.com were worth $2,952,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com during the first quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. raised its stake in Amazon.com by 81.9% during 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 in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN 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. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The firm has a market capitalization of $2.61 trillion, a P/E ratio of 37.26, a PEG ratio of 1.52 and a beta of 1.29. 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 issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same period in the previous year, the firm posted $1.43 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMZN. CIBC lifted their target price on Amazon.com to $315.00 in a research report on Monday, October 20th. HSBC raised their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Rosenblatt Securities boosted their target price on shares of Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Needham & Company LLC reissued a “buy” rating and set a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Finally, Sanford C. Bernstein set a $300.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, October 31st. Two 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $293.17.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 22,000 shares of Amazon.com stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the sale, the chief executive officer owned 493,507 shares in the company, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 128,084 shares of company stock worth $29,405,457 in the last ninety days. 9.70% of the stock is currently owned by corporate insiders.

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.