Amazon.com, Inc. $AMZN Stock Sold by SkyView Investment Advisors LLC

SkyView Investment Advisors LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 58.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,000 shares of the e-commerce giant’s stock after selling 9,829 shares during the quarter. Amazon.com accounts for approximately 1.4% of SkyView Investment Advisors LLC’s holdings, making the stock its 20th biggest holding. SkyView Investment Advisors LLC’s holdings in Amazon.com were worth $1,668,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bullseye Investment Management LLC bought a new position in Amazon.com during the 2nd quarter valued at about $2,688,000. Smith Chas P & Associates PA Cpas lifted its stake in Amazon.com by 2.4% in the second quarter. Smith Chas P & Associates PA Cpas now owns 195,038 shares of the e-commerce giant’s stock worth $46,485,000 after purchasing an additional 4,639 shares during the last quarter. Talon Private Wealth LLC lifted its stake in Amazon.com by 20.0% in the second quarter. Talon Private Wealth LLC now owns 18,859 shares of the e-commerce giant’s stock worth $4,495,000 after purchasing an additional 3,139 shares during the last quarter. Marathon Wealth Advisors LLC boosted its position in shares of Amazon.com by 0.3% during the second quarter. Marathon Wealth Advisors LLC now owns 43,760 shares of the e-commerce giant’s stock valued at $10,430,000 after buying an additional 114 shares during the period. Finally, U S Wealth Group LLC. grew its stake in shares of Amazon.com by 7.7% during the second quarter. U S Wealth Group LLC. now owns 21,770 shares of the e-commerce giant’s stock valued at $5,189,000 after buying an additional 1,562 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 3.3%

Shares of AMZN stock opened at $262.43 on Friday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The stock’s fifty day moving average price is $258.83 and its 200 day moving average price is $249.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a market cap of $2.83 trillion, a price-to-earnings ratio of 21.11, a price-to-earnings-growth ratio of 1.96 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the prior year, the firm earned $1.68 EPS. The firm’s revenue was up 19.6% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 8.03 earnings per share for the current fiscal year.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: AI and AWS optimism: AWS CEO Matt Garman said AI spending is not yet in a bubble, citing diversified customers and attractive returns. Analysts also point to AWS’s accelerating growth, custom-chip demand from major AI companies, and Amazon’s planned infrastructure investments as potential long-term catalysts. AWS CEO discusses AI spending
• Positive Sentiment: Analysts see upside: Needham described Amazon as undervalued, citing AI adoption, expanding margins, and cloud leadership. Technical analysts said a double-bottom breakout could open a path toward $320, with resistance near $267.56 and $287.20. Amazon valuation and AI outlook
• Positive Sentiment: Cost-cutting supports margins: Amazon is eliminating fewer than 1,000 positions, primarily in Stores, customer service, marketplace support, and engineering. The cuts may improve efficiency as the company shifts resources toward AI, although they also signal ongoing restructuring. Amazon job cuts
• Neutral Sentiment: Data-center transparency: Amazon said it will stop using nondisclosure agreements in negotiations with local governments over data centers, potentially easing opposition to AI infrastructure while exposing the company to greater public scrutiny. Amazon drops data-center NDAs
• Negative Sentiment: Regulatory and reputational risk: An investigation alleges Amazon pressured sellers to raise prices at competing retailers, potentially increasing antitrust scrutiny. Investigation into Amazon pricing practices
• Negative Sentiment: Heavy AI spending remains a concern: Amazon’s large capital commitments, including planned GPU deployments, could pressure free cash flow if AI demand or returns disappoint. Blocking third-party AI shopping agents may also create an opening for competitors.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the transaction, the chief executive officer directly owned 474,681 shares of the company’s stock, valued at $119,382,271.50. The trade was a 0.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,589 shares of company stock valued at $18,580,515. 8.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research note on Friday, August 14th. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Amazon.com in a research report on Monday. Oppenheimer reissued an “outperform” rating on shares of Amazon.com in a research note on Friday, July 31st. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $320.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $322.86.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.