Amazon.com, Inc. $AMZN Shares Acquired by Xcel Wealth Management LLC

Xcel Wealth Management LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,751 shares of the e-commerce giant’s stock after purchasing an additional 3,506 shares during the quarter. Amazon.com comprises about 8.5% of Xcel Wealth Management LLC’s investment portfolio, making the stock its largest holding. Xcel Wealth Management LLC’s holdings in Amazon.com were worth $30,002,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Carderock Capital Management Inc. acquired a new stake in Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. lifted its holdings in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,798,540 shares of company stock valued at $4,273,477,287. Company insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 1.3%

AMZN stock opened at $219.51 on Monday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The stock has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The company has a fifty day moving average price of $226.55 and a two-hundred day moving average price of $211.24. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last posted its earnings results 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 during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on AMZN. BNP Paribas raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Evercore ISI reissued an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Moffett Nathanson boosted their price objective on shares of Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Finally, Zacks Research lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $266.26.

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.