Amazon.com, Inc. $AMZN Shares Sold by JTC Employer Solutions Trustee Ltd

JTC Employer Solutions Trustee Ltd reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 79.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,317 shares of the e-commerce giant’s stock after selling 170,550 shares during the period. Amazon.com accounts for about 0.9% of JTC Employer Solutions Trustee Ltd’s portfolio, making the stock its 14th largest holding. JTC Employer Solutions Trustee Ltd’s holdings in Amazon.com were worth $9,723,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the first quarter worth about $36,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the first quarter worth about $42,000. Maryland Capital Advisors Inc. grew its stake in 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 acquiring an additional 95 shares in the last quarter. Finally, Ryan Investment Management Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at about $48,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction on 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 directly 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction 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 completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 128,084 shares of company stock worth $29,405,457 in the last three months. 9.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AMZN. China Renaissance boosted their target price on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. BMO Capital Markets reissued an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research note on Friday, October 31st. Stifel Nicolaus raised their target price on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Needham & Company LLC reissued a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Finally, Mizuho set a $315.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $293.17.

Amazon.com Stock Up 0.6%

Shares of AMZN opened at $244.41 on Friday. The company’s 50-day moving average price is $227.39 and its 200 day moving average price is $218.75. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.61 trillion, a P/E ratio of 37.26, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share 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 net margin of 10.54% and a return on equity of 23.84%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the business earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.