Sander Capital Advisors Inc. Has $30.85 Million Stake in Amazon.com, Inc. $AMZN

Sander Capital Advisors Inc. decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 140,611 shares of the e-commerce giant’s stock after selling 2,867 shares during the period. Amazon.com comprises approximately 14.1% of Sander Capital Advisors Inc.’s holdings, making the stock its 2nd largest position. Sander Capital Advisors Inc.’s holdings in Amazon.com were worth $30,849,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the second quarter worth approximately $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter worth $36,000. Maryland Capital Advisors Inc. grew its holdings 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 worth $46,000 after buying an additional 95 shares in the last quarter. Ryan Investment Management Inc. purchased a new stake in Amazon.com in the 2nd quarter valued at $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com during the 1st quarter valued at $59,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the sale, the director owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 123,300 shares of company stock worth $28,294,038 in the last ninety days. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 2.7%

Shares of NASDAQ AMZN opened at $237.58 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 stock has a market capitalization of $2.54 trillion, a PE ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The business’s fifty day moving average price is $228.65 and its 200-day moving average price is $220.16.

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

Analysts Set New Price Targets

Several brokerages have recently commented on AMZN. Benchmark increased their target price on shares of Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a report on Friday, October 31st. Canaccord Genuity Group set a $300.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research note on Friday, October 31st. Bank of America boosted their target price on Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, Daiwa Capital Markets lifted their price target on Amazon.com from $254.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average target price of $294.15.

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.