Amazon.com, Inc. $AMZN Shares Sold by LGT Financial Advisors LLC

LGT Financial Advisors LLC lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,503 shares of the e-commerce giant’s stock after selling 302 shares during the period. Amazon.com comprises 0.8% of LGT Financial Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. LGT Financial Advisors LLC’s holdings in Amazon.com were worth $330,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the 2nd quarter worth about $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth about $36,000. Maryland Capital Advisors Inc. lifted its stake in Amazon.com by 81.9% during the second 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. Ryan Investment Management Inc. acquired a new position in Amazon.com in the second quarter valued at approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in Amazon.com in the first quarter valued at approximately $59,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares in the company, valued at approximately $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated 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 completion of the transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 128,084 shares of company stock valued at $29,405,457 over the last three months. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $244.20 on Thursday. The stock’s 50-day moving average price is $228.61 and its 200 day moving average price is $220.04. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.61 trillion, a PE ratio of 37.23, a price-to-earnings-growth 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 posted its quarterly earnings data 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 firm had revenue of $180.17 billion for the quarter, compared to analyst estimates 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 firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AMZN. Westpark Capital restated a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Raymond James Financial lifted their price target on shares of Amazon.com from $230.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. China Renaissance raised their price objective on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Amazon.com has an average rating of “Buy” and a consensus target price of $294.15.

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.