Amazon.com, Inc. $AMZN Shares Bought by Cooper Financial Group

Cooper Financial Group boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,054 shares of the e-commerce giant’s stock after purchasing an additional 2,302 shares during the period. Amazon.com comprises approximately 2.9% of Cooper Financial Group’s investment portfolio, making the stock its 7th biggest holding. Cooper Financial Group’s holdings in Amazon.com were worth $24,803,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. purchased a new position in Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. raised its position 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 worth $46,000 after acquiring an additional 95 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred 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 completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,864,716 shares of company stock worth $2,486,013,854 in the last 90 days. 10.80% of the stock is owned by insiders.

Amazon.com Stock Down 1.7%

Shares of NASDAQ AMZN opened at $216.39 on Wednesday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a market cap of $2.31 trillion, a PE ratio of 32.99, a P/E/G ratio of 1.46 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 has a 50-day moving average of $226.16 and a 200 day moving average of $212.19.

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 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 analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMZN. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. UBS Group reiterated a “buy” rating and issued a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, September 24th. Truist Financial upped their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Three equities research 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 data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus 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.