Amazon.com, Inc. $AMZN Shares Sold by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,798 shares of the e-commerce giant’s stock after selling 344 shares during the period. Amazon.com comprises 2.2% of John G Ullman & Associates Inc.’s investment portfolio, making the stock its 11th largest holding. John G Ullman & Associates Inc.’s holdings in Amazon.com were worth $15,094,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilson Asset Management International PTY Ltd. purchased a new position in Amazon.com in the second quarter worth approximately $11,102,000. Western Wealth Management LLC increased its position in shares of Amazon.com by 0.9% in the 1st 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 during the last quarter. Flaharty Asset Management LLC raised its holdings in shares of Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $514,000. Finally, Border to Coast Pensions Partnership Ltd lifted its position in shares of Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after purchasing an additional 63,924 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 128,084 shares of company stock valued at $29,405,457. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 1.6%

AMZN stock opened at $248.40 on Tuesday. The company has a market cap of $2.66 trillion, a price-to-earnings ratio of 37.87, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a fifty day moving average price of $227.77 and a 200 day moving average price of $219.45. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. The company 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 period last year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of recent analyst reports. Canaccord Genuity Group set a $300.00 price target on Amazon.com and gave the stock a “buy” rating in a report on Friday, October 31st. New Street Research upped their price target on Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. BNP Paribas Exane increased their price target on shares of Amazon.com from $264.00 to $289.00 and gave the company an “outperform” rating in a research note on Monday, November 3rd. BMO Capital Markets restated an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research report on Friday, October 31st. Finally, Wells Fargo & Company increased their target price on shares of Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average target price of $294.04.

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.