Amazon.com, Inc. $AMZN Position Raised by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 18,566 shares of the e-commerce giant’s stock after purchasing an additional 1,608 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Amazon.com were worth $4,073,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter worth $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the first quarter worth $42,000. Finally, Maryland Capital Advisors Inc. lifted its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the sale, the chief executive officer owned 520,507 shares of the company’s stock, valued at $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 97,911 shares of company stock worth $21,765,202 in the last ninety days. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 1.8%

AMZN opened at $217.95 on Thursday. The company has a market capitalization of $2.32 trillion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. 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 fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business has a 50-day moving average of $225.44 and a 200-day moving average of $213.29.

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, topping analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on AMZN. Benchmark reissued a “buy” rating and issued a $260.00 price target on shares of Amazon.com in a research note on Wednesday. Cowen reissued a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Mizuho set a $300.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Monday, September 29th. Robert W. Baird raised their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Finally, HSBC lifted their price objective on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Three investment 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $267.27.

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.