AAFMAA Wealth Management & Trust LLC Grows Holdings in Amazon.com, Inc. $AMZN

AAFMAA Wealth Management & Trust LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,836 shares of the e-commerce giant’s stock after acquiring an additional 467 shares during the period. Amazon.com accounts for about 1.4% of AAFMAA Wealth Management & Trust LLC’s holdings, making the stock its 13th biggest position. AAFMAA Wealth Management & Trust LLC’s holdings in Amazon.com were worth $3,474,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in AMZN. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. raised 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 acquiring an additional 95 shares during the period. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were 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 in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares of the company’s stock, valued at $111,916,569.70. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,697,459 shares of company stock worth $4,250,847,273 in the last ninety days. 10.80% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $220.90 on Tuesday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.67, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The company has a fifty day moving average of $226.31 and a 200-day moving average of $211.41. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

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, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The firm’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMZN. Monness Crespi & Hardt boosted their price target on shares of Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Moffett Nathanson boosted their price target 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. Susquehanna upped their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Mizuho set a $300.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Monday, September 29th. Finally, Scotiabank upped their target price on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $266.26.

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.