Magnolia Capital Advisors LLC Trims Stock Position in Amazon.com, Inc. $AMZN

Magnolia Capital Advisors LLC trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,937 shares of the e-commerce giant’s stock after selling 239 shares during the quarter. Amazon.com comprises 1.4% of Magnolia Capital Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Magnolia Capital Advisors LLC’s holdings in Amazon.com were worth $5,690,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of AMZN. Wilson Asset Management International PTY Ltd. acquired a new stake in Amazon.com in the second quarter valued at about $11,102,000. ARK Investment Management LLC lifted its holdings in shares of Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after buying an additional 86,978 shares during the period. Buckhead Capital Management LLC lifted its holdings in shares of Amazon.com by 16.1% in the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock valued at $6,232,000 after buying an additional 3,948 shares during the period. Flaharty Asset Management LLC lifted 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 buying an additional 2,377 shares during the period. Finally, Border to Coast Pensions Partnership Ltd boosted its stake in shares of Amazon.com by 6.0% in the second 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. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $232.71, for a total transaction of $1,113,284.64. Following the sale, the chief executive officer owned 498,182 shares of the company’s stock, valued at $115,931,933.22. This trade represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the completion of the transaction, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. The trade was a 0.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 82,234 shares of company stock valued at $19,052,442. Insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AMZN. Telsey Advisory Group increased their price objective on Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Monness Crespi & Hardt increased their price target on shares of Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. JPMorgan Chase & Co. raised their price objective 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. Daiwa Capital Markets upped their target price on shares of Amazon.com from $254.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Finally, Rothschild Redb cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $295.78.

Amazon.com Stock Up 1.8%

AMZN stock opened at $233.30 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company’s 50 day simple moving average is $227.52 and its 200-day simple moving average is $223.14. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The firm has a market capitalization of $2.49 trillion, a PE ratio of 35.56, a P/E/G ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates 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 in the prior year, the company earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.