Amazon.com, Inc. $AMZN Holdings Boosted by Abacus Planning Group Inc.

Abacus Planning Group Inc. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,705 shares of the e-commerce giant’s stock after buying an additional 499 shares during the quarter. Amazon.com makes up approximately 2.2% of Abacus Planning Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Abacus Planning Group Inc.’s holdings in Amazon.com were worth $20,339,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Sullivan Wood Capital Management LLC purchased a new position in Amazon.com during the second quarter valued at approximately $2,726,000. Crews Bank & Trust grew its holdings in Amazon.com by 0.3% in the second quarter. Crews Bank & Trust now owns 22,617 shares of the e-commerce giant’s stock worth $4,962,000 after purchasing an additional 77 shares during the last quarter. Hilltop National Bank purchased a new position in Amazon.com in the second quarter worth $2,116,000. Matauro LLC grew its holdings in Amazon.com by 77.0% in the second quarter. Matauro LLC now owns 12,526 shares of the e-commerce giant’s stock worth $2,748,000 after purchasing an additional 5,449 shares during the last quarter. Finally, Triad Wealth Partners LLC grew its holdings in Amazon.com by 45.1% in the second quarter. Triad Wealth Partners LLC now owns 28,032 shares of the e-commerce giant’s stock worth $6,150,000 after purchasing an additional 8,719 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several analyst reports. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Royal Bank Of Canada lifted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Wolfe Research lifted their price objective on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Finally, Pivotal Research lifted their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average price target of $266.26.

Insider Activity at Amazon.com

In other Amazon.com 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 transaction of $542,750.00. Following the sale, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred 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 sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. 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. 9.70% of the stock is owned by insiders.

Amazon.com Trading Down 0.7%

NASDAQ AMZN opened at $213.04 on Friday. The company has a market capitalization of $2.27 trillion, a PE ratio of 32.48, a P/E/G ratio of 1.41 and a beta of 1.28. The company has a fifty day moving average of $225.66 and a 200 day moving average of $212.64. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during 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 company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com 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.