Amazon.com, Inc. $AMZN Stock Position Lifted by Maryland Capital Advisors Inc.

Maryland Capital Advisors Inc. lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 81.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 211 shares of the e-commerce giant’s stock after purchasing an additional 95 shares during the quarter. Maryland Capital Advisors Inc.’s holdings in Amazon.com were worth $46,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of AMZN. Western Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after buying an additional 1,297 shares during the period. Flaharty Asset Management LLC lifted its holdings in shares of Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter valued at $514,000. Border to Coast Pensions Partnership Ltd lifted its holdings in shares of Amazon.com by 6.0% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after buying an additional 63,924 shares during the period. Finally, McIlrath & Eck LLC lifted its holdings in shares of Amazon.com by 8.8% in the fourth quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock valued at $4,058,000 after buying an additional 1,490 shares during the period. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AMZN shares. Barclays upped their target price on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Robert W. Baird upped their target price on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Wedbush reaffirmed an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a report on Friday, September 19th. Finally, Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. 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’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus target price of $265.09.

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,770,485 shares of company stock worth $4,938,795,968. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $219.57 on Wednesday. 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 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 business’s 50-day simple moving average is $227.14 and its 200-day simple moving average is $210.58. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.