Amazon.com, Inc. $AMZN Shares Sold by Shaker Investments LLC OH

Shaker Investments LLC OH trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 44.0% in the second quarter, Holdings Channel reports. The institutional investor owned 22,976 shares of the e-commerce giant’s stock after selling 18,030 shares during the period. Amazon.com makes up 2.1% of Shaker Investments LLC OH’s holdings, making the stock its 7th largest holding. Shaker Investments LLC OH’s holdings in Amazon.com were worth $5,041,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Amazon.com by 1.1% in the first 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. Kingstone Capital Partners Texas LLC lifted its position in Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares during the period. Northern Trust Corp grew its stake in Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares in the last quarter. Nuveen LLC bought a new position in Amazon.com in the 1st quarter valued at about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after buying an additional 605,415 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $222.55 on Wednesday. The firm has a market capitalization of $2.38 trillion, a price-to-earnings ratio of 33.93, 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 business’s 50-day moving average price is $228.33 and its 200-day moving average price is $221.51. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (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 company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the prior 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. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMZN. Morgan Stanley reiterated an “overweight” rating and set a $315.00 price target (up previously from $300.00) on shares of Amazon.com in a research report on Friday, October 31st. Benchmark raised their target price on Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a report on Friday, October 31st. Truist Financial set a $290.00 price target on Amazon.com in a report on Friday, October 31st. HSBC raised their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, TD Cowen boosted their target price on Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $294.70.

Insider Activity

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 128,984 shares of company stock valued at $29,617,023. 10.80% of the stock is currently 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.