Amazon.com, Inc. $AMZN Shares Sold by WorthPointe LLC

WorthPointe LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,392 shares of the e-commerce giant’s stock after selling 429 shares during the period. WorthPointe LLC’s holdings in Amazon.com were worth $744,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the first quarter valued at about $36,000. Maryland Capital Advisors Inc. raised its holdings in shares of Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new stake in shares of Amazon.com in the second quarter valued at about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Amazon.com in the 1st quarter valued at approximately $59,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Amazon.com news, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the transaction, the chief executive officer owned 6,273 shares in the company, valued at approximately $1,360,613.70. This represents a 73.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total value of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 82,234 shares of company stock valued at $19,052,442. Insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN opened at $233.30 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The firm has a 50 day moving average of $227.52 and a 200 day moving average of $223.05. 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 capitalization of $2.49 trillion, a P/E ratio of 35.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping 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 company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter last year, the firm posted $1.43 earnings per share. The firm’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the topic of several research analyst reports. Sanford C. Bernstein set a $300.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Morgan Stanley restated an “overweight” rating and issued a $315.00 price target (up previously from $300.00) on shares of Amazon.com in a research report on Friday, October 31st. Roth Capital increased their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, October 31st. President Capital lifted their price target on Amazon.com from $280.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Benchmark upped their price target on Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $295.78.

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.