Franklin Street Advisors Inc. NC Cuts Stock Position in Amazon.com, Inc. $AMZN

Franklin Street Advisors Inc. NC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 300,440 shares of the e-commerce giant’s stock after selling 305 shares during the period. Amazon.com comprises approximately 4.1% of Franklin Street Advisors Inc. NC’s portfolio, making the stock its 4th biggest holding. Franklin Street Advisors Inc. NC’s holdings in Amazon.com were worth $65,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in AMZN. Brighton Jones LLC grew its holdings in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE lifted its position in Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com during the fourth quarter valued at $2,153,000. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,591,479 shares of company stock worth $1,512,698,663 in the last quarter. Insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $213.04 on Monday. The stock has a 50-day moving average price of $225.66 and a 200-day moving average price of $212.88. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market cap of $2.27 trillion, a PE ratio of 32.48, a P/E/G ratio of 1.41 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on AMZN shares. Monness Crespi & Hardt raised their price objective on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Citigroup reissued an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Rosenblatt Securities raised their price objective on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Roth Capital set a $250.00 price objective on Amazon.com and gave the company a “buy” rating in a research report on Tuesday, July 8th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Amazon.com in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $266.26.

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.