Insight Advisors LLC PA Has $10.33 Million Stake in Amazon.com, Inc. $AMZN

Insight Advisors LLC PA cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,078 shares of the e-commerce giant’s stock after selling 1,639 shares during the quarter. Amazon.com accounts for 1.7% of Insight Advisors LLC PA’s portfolio, making the stock its 8th biggest holding. Insight Advisors LLC PA’s holdings in Amazon.com were worth $10,328,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its holdings in Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares during the period. Northern Trust Corp raised its stake in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after buying an additional 302,858 shares in the last quarter. Nuveen LLC bought a new position in shares of Amazon.com during the 1st quarter worth about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Amazon.com by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after acquiring an additional 605,415 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a research report on Friday, October 31st. Piper Sandler reiterated a “negative” rating on shares of Amazon.com in a research note on Friday, October 31st. President Capital raised their target price on Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Citizens Jmp upped their price target on Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a research report on Friday, October 31st. Finally, Benchmark increased their price objective on Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $294.15.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 22,000 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the sale, the chief executive officer directly owned 493,507 shares in the company, valued at $123,391,555.21. This trade represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 123,300 shares of company stock valued at $28,294,038. Insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Amazon.com stock opened at $234.69 on Friday. The business’s fifty day moving average is $228.70 and its two-hundred day moving average is $220.72. 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 firm has a market cap of $2.51 trillion, a P/E ratio of 35.78, a P/E/G 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.

Amazon.com (NASDAQ:AMZN) last released its quarterly 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 business had revenue of $180.17 billion during 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 revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.