Compton Wealth Advisory Group LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 37,922 shares of the e-commerce giant’s stock after purchasing an additional 563 shares during the period. Amazon.com accounts for about 2.1% of Compton Wealth Advisory Group LLC’s holdings, making the stock its 15th biggest holding. Compton Wealth Advisory Group LLC’s holdings in Amazon.com were worth $8,320,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter valued at approximately $42,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Amazon.com during the 1st quarter valued at approximately $59,000. Finally, von Borstel & Associates Inc. purchased a new stake in Amazon.com during the 1st quarter valued at approximately $66,000. 72.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have commented on AMZN. Piper Sandler upped their price objective on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Pivotal Research upped their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Bank of America boosted their target price on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, BMO Capital Markets boosted their target price on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $264.04.
Amazon.com Stock Performance
AMZN opened at $220.21 on Thursday. The stock has a market cap of $2.35 trillion, a P/E ratio of 33.57, a P/E/G ratio of 1.47 and a beta of 1.30. 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 stock’s 50 day simple moving average is $227.68 and its 200 day simple moving average is $209.83. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates 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 was up 13.3% compared to the same quarter last year. 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 analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 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.
Read More
- Five stocks we like better than Amazon.com
- Stock Dividend Cuts Happen Are You Ready?
- Cybersecurity Market Set to Double: This ETF Offers Exposure
- How to Capture the Benefits of Dividend Increases
- Downgraded But Not Done: 3 Stocks Ready for a Market Comeback
- Canada Bond Market Holiday: How to Invest and Trade
- Solana Beat BTC and ETH in Q3: These 3 Stocks Saw It Coming
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.