Sullivan Wood Capital Management LLC Acquires New Position in Amazon.com, Inc. $AMZN

Sullivan Wood Capital Management LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,425 shares of the e-commerce giant’s stock, valued at approximately $2,726,000. Amazon.com makes up 5.7% of Sullivan Wood Capital Management LLC’s investment portfolio, making the stock its 4th largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Crews Bank & Trust grew its holdings in Amazon.com by 0.3% during the 2nd quarter. Crews Bank & Trust now owns 22,617 shares of the e-commerce giant’s stock worth $4,962,000 after acquiring an additional 77 shares in the last quarter. Hilltop National Bank acquired a new position in Amazon.com during the 2nd quarter worth approximately $2,116,000. Matauro LLC grew its holdings in Amazon.com by 77.0% during the 2nd quarter. Matauro LLC now owns 12,526 shares of the e-commerce giant’s stock worth $2,748,000 after acquiring an additional 5,449 shares in the last quarter. Triad Wealth Partners LLC grew its holdings in Amazon.com by 45.1% during the 2nd quarter. Triad Wealth Partners LLC now owns 28,032 shares of the e-commerce giant’s stock worth $6,150,000 after acquiring an additional 8,719 shares in the last quarter. Finally, Jmac Enterprises LLC grew its holdings in Amazon.com by 24.1% during the 2nd quarter. Jmac Enterprises LLC now owns 1,466 shares of the e-commerce giant’s stock worth $322,000 after acquiring an additional 285 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction 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 owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This represents a 2.22% 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 over the last 90 days. 9.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on AMZN. HSBC boosted their price target on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Cowen reiterated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Wolfe Research boosted their price target on shares of Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Finally, Barclays boosted their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average price target of $266.26.

Amazon.com Stock Down 0.7%

Shares of NASDAQ:AMZN opened at $213.04 on Friday. The stock has a market cap of $2.27 trillion, a P/E ratio of 32.48, a P/E/G ratio of 1.41 and a beta of 1.28. The firm has a fifty day moving average price of $225.66 and a 200 day moving average price of $212.64. 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, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results 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 firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict 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.