Amazon.com, Inc. $AMZN Stock Holdings Lowered by Empirical Asset Management LLC

Empirical Asset Management LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 16.5% during the second quarter, Holdings Channel reports. The fund owned 18,361 shares of the e-commerce giant’s stock after selling 3,641 shares during the quarter. Amazon.com comprises approximately 1.2% of Empirical Asset Management LLC’s investment portfolio, making the stock its 12th largest position. Empirical Asset Management LLC’s holdings in Amazon.com were worth $4,028,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wilson Asset Management International PTY Ltd. bought a new position in shares of Amazon.com in the second quarter worth $11,102,000. Western Wealth Management LLC raised its stake in shares of Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC lifted its holdings in Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com in the first quarter worth about $514,000. Finally, Border to Coast Pensions Partnership Ltd grew its position in Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after buying an additional 63,924 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s 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 sale, the chief executive officer directly owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 128,084 shares of company stock valued at $29,405,457 over the last 90 days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Up 0.6%

Shares of NASDAQ AMZN opened at $244.41 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The company 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 business has a fifty day simple moving average of $227.39 and a 200-day simple moving average of $218.43.

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

Analyst Upgrades and Downgrades

A number of research firms have commented on AMZN. China Renaissance boosted their price target on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Cantor Fitzgerald raised their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Maxim Group boosted their target price on Amazon.com from $272.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, October 31st. 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. Finally, JMP Securities set a $300.00 price target on Amazon.com in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price 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.