Pacific Point Advisors LLC Buys 275 Shares of Amazon.com, Inc. $AMZN

Pacific Point Advisors LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 11.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,602 shares of the e-commerce giant’s stock after acquiring an additional 275 shares during the period. Pacific Point Advisors LLC’s holdings in Amazon.com were worth $571,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com during the 2nd quarter valued at about $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the first quarter valued at approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. grew 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 valued at $46,000 after acquiring an additional 95 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $215.57 on Thursday. The firm has a fifty day moving average price of $226.02 and a 200 day moving average price of $212.21. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm has a market cap of $2.30 trillion, a price-to-earnings ratio of 32.86, a P/E/G ratio of 1.43 and a beta of 1.28. 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) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 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 business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred 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 transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,864,716 shares of company stock valued at $2,486,013,854 in the last 90 days. 9.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AMZN. Royal Bank Of Canada boosted their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Scotiabank boosted their price target on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Piper Sandler boosted their price objective on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Rosenblatt Securities upped their price target on shares of Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Three investment 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 data from MarketBeat, the stock 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.