Amazon.com, Inc. $AMZN Shares Sold by Haven Private LLC

Haven Private LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,322 shares of the e-commerce giant’s stock after selling 421 shares during the quarter. Haven Private LLC’s holdings in Amazon.com were worth $1,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC increased its holdings in Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares in the last quarter. Nuveen LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at about $11,674,091,000. Goldman Sachs Group Inc. increased its stake in shares of Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. raised its holdings in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. Finally, Amundi boosted its position in Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after purchasing an additional 7,267,277 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN opened at $229.16 on Thursday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The firm has a market capitalization of $2.45 trillion, a PE ratio of 34.93, 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. The firm’s 50-day moving average price is $227.53 and its 200 day moving average price is $222.76.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the transaction, the chief executive officer owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the completion of the sale, the director directly owned 26,148 shares of the company’s stock, valued at $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,234 shares of company stock valued at $19,052,442 in the last 90 days. 9.70% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on AMZN. BNP Paribas initiated coverage on Amazon.com in a research report on Monday. They issued an “outperform” rating for the company. The Goldman Sachs Group boosted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Citigroup restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Finally, Pivotal Research boosted their target price on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $295.78.

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.