Lloyd Advisory Services LLC. lowered its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,300 shares of the e-commerce giant’s stock after selling 122 shares during the period. Lloyd Advisory Services LLC.’s holdings in Amazon.com were worth $505,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Carderock Capital Management Inc. bought a new stake in Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the 1st quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings in 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 acquiring an additional 95 shares during the period. Institutional investors own 72.20% of the company’s stock.
Analyst Upgrades and Downgrades
AMZN has been the topic of a number of analyst reports. Bank of America upped their target price on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Truist Financial upped their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Thursday, September 11th. Piper Sandler boosted their price target on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, UBS Group reissued a “buy” rating and issued a $271.00 price target (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $266.26.
Insiders Place Their Bets
In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value 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 trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,313,335 shares of company stock worth $4,164,795,815. 9.70% of the stock is currently owned by insiders.
Amazon.com Price Performance
Shares of Amazon.com stock opened at $225.22 on Thursday. 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 $2.40 trillion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28. The company has a fifty day moving average of $226.03 and a 200-day moving average of $211.58. 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 – Get Free Report) 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.
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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