MCF Advisors LLC Has $3.64 Million Stock Position in Amazon.com, Inc. $AMZN

MCF Advisors LLC decreased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,130 shares of the e-commerce giant’s stock after selling 684 shares during the quarter. MCF Advisors LLC’s holdings in Amazon.com were worth $3,640,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of AMZN. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the 4th quarter worth about $25,000. Prudent Man Investment Management Inc. purchased a new stake in Amazon.com in the 4th quarter worth about $27,000. LSV Asset Management purchased a new stake in Amazon.com in the 4th quarter worth about $35,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the 1st quarter worth about $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in Amazon.com in the 1st quarter worth about $40,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research analyst reports. Citizens Jmp initiated coverage on Amazon.com in a research note on Thursday, July 10th. They issued a “strong-buy” rating for the company. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective for the company in a research note on Friday, June 27th. Robert W. Baird raised their price target on Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. BMO Capital Markets raised their price target on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, HSBC raised their price target on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $262.87.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $223.81 on Thursday. 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 $2.39 trillion, a price-to-earnings ratio of 34.12, a P/E/G ratio of 1.54 and a beta of 1.31. The business’s 50-day simple moving average is $222.12 and its 200-day simple moving average is $208.46. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 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 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders sold 25,012,284 shares of company stock worth $5,656,976,492. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Profile

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.