MBE Wealth Management LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 4.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,941 shares of the e-commerce giant’s stock after buying an additional 151 shares during the quarter. MBE Wealth Management LLC’s holdings in Amazon.com were worth $865,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the 1st quarter worth $42,000. Finally, Maryland Capital Advisors Inc. boosted its position 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 worth $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have commented on AMZN. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Mizuho set a $300.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Monday, September 29th. Barclays boosted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Scotiabank boosted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, July 22nd. Finally, Susquehanna boosted their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $266.26.
Insider Buying and Selling at Amazon.com
In other news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. This represents a 85.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,697,459 shares of company stock worth $4,250,847,273. Corporate insiders own 10.80% of the company’s stock.
Amazon.com Price Performance
NASDAQ:AMZN opened at $220.90 on Tuesday. The firm has a market cap 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 current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company’s 50-day moving average is $226.31 and its two-hundred day moving average is $211.41. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results 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. The company had revenue of $167.70 billion for 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 quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.
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.
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