Atwood & Palmer Inc. Grows Holdings in Amazon.com, Inc. $AMZN

Atwood & Palmer Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,521 shares of the e-commerce giant’s stock after buying an additional 251 shares during the quarter. Atwood & Palmer Inc.’s holdings in Amazon.com were worth $2,089,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth about $25,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter worth about $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com in the first quarter valued at approximately $40,000. Capitol Family Office Inc. purchased a new position in Amazon.com in the first quarter valued at approximately $42,000. Finally, Harbor Investment Advisory LLC raised its holdings in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 2,145 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 22nd. Citizens Jmp initiated coverage on shares of Amazon.com in a research note on Thursday, July 10th. They set a “strong-buy” rating on the stock. Robert W. Baird lifted their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Cantor Fitzgerald boosted their price target on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Cowen reissued a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus price target of $263.30.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was 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 approximately $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value 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. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last three months. 9.70% of the stock is owned by corporate insiders.

Amazon.com Stock Up 0.1%

AMZN stock opened at $231.48 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The business has a 50 day moving average price of $227.81 and a two-hundred day moving average price of $209.42. The company has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.29, a P/E/G ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during 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 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 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Company 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.