Nicholson Wealth Management Group LLC Has $377,000 Stake in Amazon.com, Inc. $AMZN

Nicholson Wealth Management Group LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 28.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,720 shares of the e-commerce giant’s stock after buying an additional 386 shares during the period. Nicholson Wealth Management Group LLC’s holdings in Amazon.com were worth $377,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Amazon.com by 1.1% during 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 buying an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its stake in shares of Amazon.com by 542,733.6% in the 2nd 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 during the period. Northern Trust Corp raised its position in shares of 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 acquiring an additional 302,858 shares during the last quarter. Nuveen LLC acquired a new position in shares of Amazon.com during the first quarter valued at $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Amazon.com by 1.0% in the first 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 acquiring an additional 605,415 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 128,084 shares of company stock valued at $29,405,457 over the last 90 days. Insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 0.6%

Shares of NASDAQ AMZN opened at $244.41 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The stock has a market cap of $2.61 trillion, a price-to-earnings ratio of 37.26, a P/E/G ratio of 1.52 and a beta of 1.29. 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’s fifty day moving average is $227.39 and its 200-day moving average is $218.75.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on AMZN. Sanford C. Bernstein set a $300.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Friday, October 31st. Citizens Jmp boosted their price target on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a research note on Friday, October 31st. BNP Paribas Exane increased their price objective on shares of Amazon.com from $264.00 to $289.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. CIBC raised their price objective on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Finally, Piper Sandler reiterated a “negative” rating on shares of Amazon.com in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $293.17.

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.