Financial Guidance Group Inc. Sells 260 Shares of Amazon.com, Inc. $AMZN

Financial Guidance Group Inc. trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% in the 2nd quarter, Holdings Channel reports. The firm owned 4,963 shares of the e-commerce giant’s stock after selling 260 shares during the period. Financial Guidance Group Inc.’s holdings in Amazon.com were worth $1,089,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the first quarter worth about $36,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter valued at about $42,000. Maryland Capital Advisors Inc. increased its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. Finally, Ryan Investment Management Inc. bought a new position in shares of Amazon.com in the 2nd quarter worth approximately $48,000. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. This represents a 85.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 128,084 shares of company stock worth $29,405,457. Insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 0.6%

Amazon.com stock opened at $244.41 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm’s 50 day moving average price is $227.39 and its 200-day moving average price is $218.75. 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 stock has a market cap of $2.61 trillion, a P/E ratio of 37.26, a PEG 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 for the quarter, beating the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the company posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Citigroup increased their price target on shares of Amazon.com from $270.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Susquehanna set a $300.00 target price on Amazon.com and gave the stock a “positive” rating in a report on Friday, October 31st. Sanford C. Bernstein set a $300.00 price target on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, October 31st. UBS Group set a $310.00 price objective on Amazon.com in a research note on Friday, October 31st. Finally, Raymond James Financial boosted their price objective on Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus target price of $293.17.

About Amazon.com

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.