Ferguson Shapiro LLC Sells 318 Shares of Amazon.com, Inc. $AMZN

Ferguson Shapiro LLC cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 6,032 shares of the e-commerce giant’s stock after selling 318 shares during the quarter. Amazon.com makes up 0.4% of Ferguson Shapiro LLC’s investment portfolio, making the stock its 19th biggest position. Ferguson Shapiro LLC’s holdings in Amazon.com were worth $1,323,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In related news, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the transaction, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. This trade represents a 9.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the transaction, the director directly owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 43,357 shares of company stock worth $10,607,215. 9.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMZN. China Renaissance increased their price objective on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. 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. Arete raised their price target on shares of Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Loop Capital boosted their price objective on shares of Amazon.com from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, Rothschild & Co Redburn reiterated a “neutral” rating and set a $250.00 target price on shares of Amazon.com in a report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $294.70.

Amazon.com Trading Up 1.6%

Shares of AMZN opened at $220.69 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The firm has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.64, a PEG ratio of 1.52 and a beta of 1.29. The firm’s 50-day moving average price is $227.77 and its 200-day moving average price is $221.98. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. During the same period last year, the business posted $1.43 earnings per share. Amazon.com’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS 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.