Congress Park Capital LLC Has $13.02 Million Holdings in Amazon.com, Inc. $AMZN

Congress Park Capital LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 59,348 shares of the e-commerce giant’s stock after acquiring an additional 737 shares during the period. Amazon.com makes up about 4.3% of Congress Park Capital LLC’s investment portfolio, making the stock its 4th biggest position. Congress Park Capital LLC’s holdings in Amazon.com were worth $13,020,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Castlekeep Investment Advisors LLC bought a new position in Amazon.com during the 4th quarter valued at about $25,000. Carderock Capital Management Inc. bought a new position in Amazon.com during the 2nd quarter valued at about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com during the 1st quarter valued at about $40,000. Finally, Capitol Family Office Inc. acquired a new stake in Amazon.com in the 1st quarter valued at about $42,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. Morgan Stanley restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Cowen restated a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Wedbush restated an “outperform” rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Finally, JMP Securities restated a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $264.04.

Amazon.com Stock Up 0.7%

AMZN stock opened at $219.78 on Monday. The business has a 50-day moving average of $227.44 and a 200-day moving average of $210.35. 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 has a market capitalization of $2.34 trillion, a P/E ratio of 33.50, a P/E/G ratio of 1.47 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the firm posted $1.26 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 21,772,985 shares of company stock valued at $4,939,346,118 in the last 90 days. 10.80% 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.