Peddock Capital Advisors LLC Acquires 379 Shares of Amazon.com, Inc. $AMZN

Peddock Capital Advisors LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,472 shares of the e-commerce giant’s stock after buying an additional 379 shares during the quarter. Amazon.com comprises 0.9% of Peddock Capital Advisors LLC’s portfolio, making the stock its 27th biggest holding. Peddock Capital Advisors LLC’s holdings in Amazon.com were worth $3,833,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. increased its position in Amazon.com by 81.9% in 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 during the period. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Down 1.3%

Shares of Amazon.com stock opened at $219.51 on Friday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a market cap of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.47 and a beta of 1.28. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $226.55 and its 200-day moving average is $211.13.

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMZN. Evercore ISI restated an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. JPMorgan Chase & Co. boosted their target price on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. BMO Capital Markets boosted their target price on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, September 24th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $266.26.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 20,845,122 shares of company stock worth $4,731,747,929. 9.70% of the stock is currently owned by insiders.

Amazon.com Company 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.