Southland Equity Partners LLC Increases Stock Holdings in Amazon.com, Inc. $AMZN

Southland Equity Partners LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,888 shares of the e-commerce giant’s stock after purchasing an additional 404 shares during the period. Amazon.com accounts for 1.1% of Southland Equity Partners LLC’s investment portfolio, making the stock its 20th biggest position. Southland Equity Partners LLC’s holdings in Amazon.com were worth $5,241,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the second quarter valued at about $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the first quarter valued at about $40,000. Capitol Family Office Inc. purchased a new stake in Amazon.com during the first quarter valued at about $42,000. Finally, Ryan Investment Management Inc. purchased a new stake in Amazon.com during the second quarter valued at about $48,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AMZN. Susquehanna upped their target price on Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Moffett Nathanson upped their target price on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Bank of America upped 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, Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Amazon.com has a consensus rating of “Buy” and a consensus target price of $264.13.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer owned 518,007 shares in the company, valued at $115,769,384.43. This represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,770,485 shares of company stock valued at $4,938,795,968 over the last three months. Company insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 1.1%

NASDAQ:AMZN opened at $222.17 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The business’s 50-day simple moving average is $227.30 and its 200 day simple moving average is $210.52. The stock has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.87, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31.

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

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.