Amazon.com, Inc. $AMZN Shares Sold by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. lowered its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219,872 shares of the e-commerce giant’s stock after selling 457 shares during the period. Amazon.com comprises 3.9% of Washington Trust Advisors Inc.’s holdings, making the stock its 6th biggest holding. Washington Trust Advisors Inc.’s holdings in Amazon.com were worth $48,238,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMZN. Kingstone Capital Partners Texas LLC grew its holdings 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 worth $29,100,194,000 after acquiring an additional 132,616,953 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $11,674,091,000. Goldman Sachs Group Inc. boosted its position in shares of Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Vanguard Group Inc. increased its stake in Amazon.com by 1.1% in 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 purchasing an additional 8,913,959 shares in the last quarter. Finally, Amundi lifted its stake in Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after buying an additional 7,267,277 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Amazon.com in a research note on Thursday. Stifel Nicolaus lifted their price target on Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a report on Friday, October 31st. BNP Paribas Exane increased their price objective on Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. President Capital lifted their target price on Amazon.com from $280.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, CIBC upped their target price on Amazon.com to $315.00 in a report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Amazon.com has a consensus rating of “Buy” and a consensus price target of $294.15.

Amazon.com Price Performance

NASDAQ AMZN opened at $232.87 on Tuesday. 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 stock has a market capitalization of $2.49 trillion, a PE ratio of 35.50, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a 50 day moving average price of $228.64 and a two-hundred day moving average price of $221.28.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction dated Thursday, August 21st. The stock was 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 of the company’s stock, valued at approximately $695,286.66. This represents a 85.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction that occurred on 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 sale, the senior vice president 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 123,300 shares of company stock worth $28,294,038 in the last 90 days. Insiders own 9.70% of the company’s stock.

Amazon.com Company 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.