Amazon.com, Inc. $AMZN Shares Purchased by Cora Capital Advisors LLC

Cora Capital Advisors LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,804 shares of the e-commerce giant’s stock after buying an additional 1,047 shares during the quarter. Amazon.com makes up approximately 1.4% of Cora Capital Advisors LLC’s portfolio, making the stock its 16th largest holding. Cora Capital Advisors LLC’s holdings in Amazon.com were worth $3,248,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Well Done LLC raised its holdings in shares of Amazon.com by 0.5% during the second quarter. Well Done LLC now owns 14,952 shares of the e-commerce giant’s stock valued at $3,280,000 after acquiring an additional 76 shares during the last quarter. BostonPremier Wealth LLC increased its position in shares of Amazon.com by 42.0% during the second quarter. BostonPremier Wealth LLC now owns 13,673 shares of the e-commerce giant’s stock worth $3,000,000 after purchasing an additional 4,047 shares in the last quarter. Spectrum Planning & Advisory Services Inc. raised its stake in Amazon.com by 30.2% in the 2nd quarter. Spectrum Planning & Advisory Services Inc. now owns 10,301 shares of the e-commerce giant’s stock valued at $2,260,000 after purchasing an additional 2,389 shares during the last quarter. North Star Investment Management Corp. raised its stake in Amazon.com by 1.6% in the 2nd quarter. North Star Investment Management Corp. now owns 65,197 shares of the e-commerce giant’s stock valued at $14,304,000 after purchasing an additional 1,056 shares during the last quarter. Finally, Harrell Investment Partners LLC lifted its holdings in Amazon.com by 36.1% in the 2nd quarter. Harrell Investment Partners LLC now owns 43,168 shares of the e-commerce giant’s stock valued at $9,471,000 after purchasing an additional 11,461 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Down 1.3%

Shares of NASDAQ:AMZN opened at $219.51 on Monday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company’s 50 day moving average is $226.55 and its two-hundred day moving average is $211.24. The company has a market cap of $2.34 trillion, a PE ratio of 33.46, a P/E/G ratio of 1.47 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AMZN. HSBC upped their target price on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Truist Financial upped their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Cantor Fitzgerald raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Barclays boosted their target price on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Oppenheimer cut their price target on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. Three investment 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.com, Amazon.com currently has an average rating of “Buy” and an average price target of $266.26.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’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 completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,798,540 shares of company stock valued at $4,273,477,287. Insiders own 10.80% of the company’s stock.

Amazon.com 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.