NWK Group Inc. Lowers Stock Position in Amazon.com, Inc. $AMZN

NWK Group Inc. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 66,141 shares of the e-commerce giant’s stock after selling 1,553 shares during the period. Amazon.com makes up about 5.1% of NWK Group Inc.’s investment portfolio, making the stock its 6th biggest position. NWK Group Inc.’s holdings in Amazon.com were worth $14,511,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the first quarter valued at $36,000. Maryland Capital Advisors Inc. raised its stake in Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 95 shares in the last quarter. Ryan Investment Management Inc. bought a new position in shares of Amazon.com during the second quarter valued at $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Amazon.com in the 1st quarter valued at $59,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total value of $280,316.57. Following the transaction, the director directly owned 26,148 shares of the company’s stock, valued at approximately $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew S. Garman sold 17,768 shares of Amazon.com stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the sale, the chief executive officer directly owned 6,273 shares of the company’s stock, valued at $1,360,613.70. This represents a 73.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,234 shares of company stock valued at $19,052,442 over the last three months. 9.70% of the stock is owned by insiders.

Amazon.com Stock Down 0.2%

NASDAQ AMZN opened at $229.16 on Thursday. The stock has a market capitalization of $2.45 trillion, a P/E ratio of 34.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a fifty day moving average of $227.53 and a 200-day moving average of $222.76.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business 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%.The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Piper Sandler reiterated a “negative” rating on shares of Amazon.com in a research report on Friday, October 31st. JMP Securities set a $300.00 price objective on shares of Amazon.com in a report on Friday, October 31st. JPMorgan Chase & Co. lifted their target price on shares of Amazon.com from $265.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the stock an “outperform” rating in a report on Friday, October 31st. Finally, Barclays reaffirmed an “overweight” rating and set a $300.00 price target (up from $275.00) on shares of Amazon.com in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $295.78.

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.