Amazon.com, Inc. $AMZN Stock Position Decreased by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,335 shares of the e-commerce giant’s stock after selling 390 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in Amazon.com were worth $1,390,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Barlow Wealth Partners Inc. lifted its stake in shares of Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after purchasing an additional 44 shares during the last quarter. Ridgecrest Wealth Partners LLC raised its holdings in Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after buying an additional 45 shares in the last quarter. Probity Advisors Inc. lifted its position in shares of Amazon.com by 0.4% in the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after buying an additional 45 shares during the last quarter. Bare Financial Services Inc boosted its stake in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC increased its holdings in shares of Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock valued at $862,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AMZN shares. Canaccord Genuity Group set a $300.00 target price on Amazon.com and gave the stock a “buy” rating in a report on Friday, October 31st. CIBC boosted their price objective on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Robert W. Baird set a $285.00 target price on shares of Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Finally, New Street Research upped their price target on shares of Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $294.70.

Amazon.com Stock Up 0.1%

AMZN stock opened at $222.69 on Thursday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.38 trillion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The business’s 50-day simple moving average is $228.17 and its 200 day simple moving average is $221.51.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating 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 firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter in the prior year, the firm posted $1.43 EPS. The company’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, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the transaction, the director directly owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 trade represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 56,927 shares of company stock valued at $13,630,068 in the last ninety days. 10.80% of the stock is owned by company insiders.

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.