Sentry Investment Management LLC Has $6.14 Million Position in Amazon.com, Inc. $AMZN

Sentry Investment Management LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the 2nd quarter, Holdings Channel reports. The fund owned 27,990 shares of the e-commerce giant’s stock after purchasing an additional 740 shares during the period. Amazon.com makes up approximately 3.4% of Sentry Investment Management LLC’s portfolio, making the stock its 5th largest holding. Sentry Investment Management LLC’s holdings in Amazon.com were worth $6,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the 1st quarter worth about $36,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com in the 1st quarter worth approximately $42,000. Maryland Capital Advisors Inc. boosted 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 acquiring an additional 95 shares in the last quarter. Finally, Ryan Investment Management Inc. acquired a new position in shares of Amazon.com during the second quarter valued at approximately $48,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $249.10 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company has a market cap of $2.66 trillion, a PE ratio of 37.97, a PEG ratio of 1.52 and a beta of 1.29. The stock’s 50-day moving average price is $228.25 and its two-hundred day moving average price is $219.87.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same period last year, the firm posted $1.43 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current 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 shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the sale, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at $123,391,555.21. The trade was a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. The trade was a 23.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 128,084 shares of company stock worth $29,405,457. 9.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMZN shares. Oppenheimer upped their target price on Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Needham & Company LLC restated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. HSBC lifted their target price on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, October 31st. BMO Capital Markets reissued an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a report on Friday, October 31st. Finally, Evercore ISI raised their price objective on shares of Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and an average price target of $294.15.

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.