Amazon.com, Inc. $AMZN Holdings Reduced by Vermillion Wealth Management Inc.

Vermillion Wealth Management Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 24.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,775 shares of the e-commerce giant’s stock after selling 1,253 shares during the period. Vermillion Wealth Management Inc.’s holdings in Amazon.com were worth $828,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Carderock Capital Management Inc. bought a new position in Amazon.com in the 2nd quarter worth about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the 1st quarter worth about $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the 1st quarter worth about $40,000. Capitol Family Office Inc. bought a new position in Amazon.com in the 1st quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. grew its position in Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 5.0%

Shares of NASDAQ:AMZN opened at $216.37 on Monday. The stock has a market capitalization of $2.31 trillion, a price-to-earnings ratio of 32.98, a PEG ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. 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 company has a 50 day moving average price of $225.94 and a 200 day moving average price of $211.97.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a report on Tuesday, July 1st. Piper Sandler increased their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Robert W. Baird increased their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Wedbush reiterated an “outperform” rating and issued a $250.00 price objective on shares of Amazon.com in a report on Friday, September 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Amazon.com in a report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus target price of $266.26.

Insiders Place Their Bets

In related 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 value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,597,911 shares of company stock worth $2,652,463,783 in the last quarter. Corporate insiders own 10.80% of the company’s stock.

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.