First National Corp MA ADV increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,615 shares of the e-commerce giant’s stock after purchasing an additional 586 shares during the quarter. First National Corp MA ADV’s holdings in Amazon.com were worth $3,645,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com during the fourth quarter valued at $25,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth about $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the 1st quarter valued at about $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $42,000. Finally, Harbor Investment Advisory LLC increased 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 worth $58,000 after buying an additional 2,145 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms have issued reports on AMZN. Westpark Capital reiterated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Wedbush reiterated an “outperform” rating and issued a $250.00 price objective on shares of Amazon.com in a report on Friday. Citizens Jmp began coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Stifel Nicolaus boosted their price target on Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Finally, Citigroup reissued an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $263.30.
Amazon.com Trading Up 0.1%
NASDAQ AMZN opened at $231.48 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market cap of $2.47 trillion, a P/E ratio of 35.29, a P/E/G ratio of 1.55 and a beta of 1.30. The stock’s 50-day moving average is $227.81 and its 200-day moving average is $209.43.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last ninety days. 9.70% of the stock is owned by insiders.
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.
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