Register Financial Advisors LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 22.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 11,434 shares of the e-commerce giant’s stock after acquiring an additional 2,109 shares during the period. Amazon.com comprises about 1.1% of Register Financial Advisors LLC’s portfolio, making the stock its 21st largest holding. Register Financial Advisors LLC’s holdings in Amazon.com were worth $2,509,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. lifted its holdings in shares of Amazon.com by 81.9% in the second 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.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on AMZN shares. Truist Financial increased their target price on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Robert W. Baird increased their target price on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. JPMorgan Chase & Co. increased their target price on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an “outperform” rating in a report on Tuesday, July 1st. Finally, Westpark Capital restated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Three equities research 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. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and a consensus price target of $266.26.
Insiders Place Their Bets
In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction 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 transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on 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 directly owned 2,178,502 shares in the company, valued at $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. Insiders have sold 18,697,459 shares of company stock valued at $4,250,847,273 over the last three months. 10.80% of the stock is currently owned by insiders.
Amazon.com Trading Up 0.6%
Amazon.com stock opened at $220.90 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.67, a PEG ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company’s fifty day moving average price is $226.31 and its two-hundred day moving average price is $211.41.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for 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 business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
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.
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