Amazon.com, Inc. $AMZN Stock Holdings Increased by ABLE Financial Group LLC

ABLE Financial Group LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,570 shares of the e-commerce giant’s stock after acquiring an additional 803 shares during the quarter. Amazon.com accounts for about 1.4% of ABLE Financial Group LLC’s holdings, making the stock its 21st largest position. ABLE Financial Group LLC’s holdings in Amazon.com were worth $5,610,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Carderock Capital Management Inc. acquired a new position in Amazon.com in the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com in the 1st quarter valued at approximately $42,000. Finally, Ryan Investment Management Inc. acquired a new position in Amazon.com in the 2nd quarter valued at approximately $48,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 completion of the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have sold 21,770,485 shares of company stock valued at $4,938,795,968. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 1.2%

Shares of AMZN stock opened at $219.57 on Wednesday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.47, a P/E/G ratio of 1.48 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a fifty day moving average of $227.14 and a 200-day moving average of $210.58.

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 analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 EPS. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on AMZN shares. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price for the company in a research report on Friday, June 27th. Bank of America boosted their target price on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Monness Crespi & Hardt boosted their target price on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Two 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.com, Amazon.com currently has a consensus rating of “Buy” and an average price target of $265.09.

About Amazon.com

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.