Crowley Wealth Management Inc. Has $2.51 Million Stock Position in Amazon.com, Inc. $AMZN

Crowley Wealth Management Inc. raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,429 shares of the e-commerce giant’s stock after buying an additional 100 shares during the period. Amazon.com accounts for 2.3% of Crowley Wealth Management Inc.’s holdings, making the stock its 15th largest holding. Crowley Wealth Management Inc.’s holdings in Amazon.com were worth $2,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Ridgecrest Wealth Partners LLC boosted its position in Amazon.com by 0.5% in the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after buying an additional 45 shares in the last quarter. Bare Financial Services Inc lifted its holdings in shares of Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares during the period. Heritage Oak Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 1.2% during the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after purchasing an additional 48 shares during the period. Cobblestone Asset Management LLC lifted its holdings in shares of Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after purchasing an additional 50 shares during the period. Finally, Seek First Inc. lifted its holdings in shares of Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 1.6%

NASDAQ:AMZN opened at $225.22 on Thursday. 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 firm has a 50-day moving average of $226.03 and a 200-day moving average of $211.58. The company has a market cap of $2.40 trillion, a PE ratio of 34.33, a PEG ratio of 1.48 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.

Amazon.com (NASDAQ:AMZN) 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. 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 the consensus estimate of $161.80 billion. During the same period in the previous year, the firm posted $1.26 earnings per share. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AMZN shares. Canaccord Genuity Group reiterated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Moffett Nathanson lifted their price target on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Susquehanna lifted their price target 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. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, September 10th. 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $266.26.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the transaction, the insider directly owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,313,335 shares of company stock valued at $4,164,795,815 in the last three months. 9.70% of the stock is owned by company insiders.

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.