Amazon.com, Inc. $AMZN is Logan Capital Management Inc.’s 4th Largest Position

Logan Capital Management Inc. lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 316,958 shares of the e-commerce giant’s stock after selling 37,309 shares during the quarter. Amazon.com comprises 3.2% of Logan Capital Management Inc.’s portfolio, making the stock its 4th largest position. Logan Capital Management Inc.’s holdings in Amazon.com were worth $69,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Amazon.com during the second quarter valued at approximately $11,102,000. ARK Investment Management LLC lifted its position in Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after acquiring an additional 86,978 shares in the last quarter. Flaharty Asset Management LLC boosted its stake in Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter worth $514,000. Finally, Border to Coast Pensions Partnership Ltd raised its stake in shares of Amazon.com by 6.0% in the second 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 purchasing an additional 63,924 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $220.69 on Friday. The business’s fifty day moving average is $227.77 and its 200 day moving average is $221.72. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market capitalization of $2.36 trillion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $177.53 billion. During the same quarter in the prior year, the business posted $1.43 earnings per share. The business’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on AMZN shares. UBS Group set a $310.00 price objective on Amazon.com in a research report on Friday, October 31st. DA Davidson upped their target price on shares of Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Piper Sandler reiterated a “negative” rating on shares of Amazon.com in a research note on Friday, October 31st. Benchmark boosted their price objective 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. Finally, CIBC raised their target price on shares of Amazon.com to $315.00 in a report on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $294.70.

Insider Buying and Selling

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 80,030 shares in the company, 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, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the transaction, the director directly owned 7,170 shares in the company, valued at $1,670,610. This represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 43,357 shares of company stock valued at $10,607,215. 9.70% of the stock is owned by corporate insiders.

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.