ACT Advisors LLC. Purchases 218 Shares of Amazon.com, Inc. $AMZN

ACT Advisors LLC. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,468 shares of the e-commerce giant’s stock after purchasing an additional 218 shares during the quarter. Amazon.com makes up approximately 0.4% of ACT Advisors LLC.’s investment portfolio, making the stock its 28th largest holding. ACT Advisors LLC.’s holdings in Amazon.com were worth $761,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth $40,000. Maryland Capital Advisors Inc. increased its position in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares in the last quarter. Finally, Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the first quarter worth $42,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the company’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 directly owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% 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 link. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares of the company’s stock, valued at $115,769,384.43. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 20,842,622 shares of company stock worth $4,731,205,179 in the last quarter. Corporate insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Pivotal Research upped their price target on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Citigroup restated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 1st. Cowen restated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Finally, Piper Sandler upped their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus price target of $265.09.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $222.41 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The business has a 50-day moving average price of $226.79 and a 200 day moving average price of $210.83. The firm has a market cap of $2.37 trillion, a PE ratio of 33.90, a P/E/G ratio of 1.47 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict 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.