SPC Financial Inc. Has $4.73 Million Stake in Amazon.com, Inc. $AMZN

SPC Financial Inc. raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,871 shares of the e-commerce giant’s stock after buying an additional 2,171 shares during the quarter. SPC Financial Inc.’s holdings in Amazon.com were worth $4,732,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Talisman Wealth Advisors LLC lifted its position in shares of Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock valued at $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC grew its stake in shares of Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after acquiring an additional 55 shares in the last quarter. Hamel Associates Inc. grew its position in Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after buying an additional 55 shares during the period. CWC Advisors LLC. grew its position in Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant’s stock valued at $411,000 after buying an additional 56 shares during the period. Finally, JBGlobal.com LLC lifted its holdings in Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant’s stock valued at $508,000 after purchasing an additional 56 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of recent analyst reports. Piper Sandler increased their price target on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Needham & Company LLC reissued a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. HSBC lifted their price target on Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Finally, Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $262.87.

Amazon.com Stock Down 1.1%

Shares of AMZN opened at $229.00 on Tuesday. The stock has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The business’s 50 day simple moving average is $224.66 and its 200-day simple moving average is $207.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the sale, the chief executive officer owned 520,507 shares in the company, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the 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 sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,095,411 shares of company stock worth $5,675,473,849 in the last ninety days. 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.