Cedar Mountain Advisors LLC Boosts Holdings in Amazon.com, Inc. $AMZN

Cedar Mountain Advisors LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 954 shares of the e-commerce giant’s stock after buying an additional 100 shares during the quarter. Cedar Mountain Advisors LLC’s holdings in Amazon.com were worth $209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Duncan Williams Asset Management LLC boosted its position in shares of Amazon.com by 5.8% during the second quarter. Duncan Williams Asset Management LLC now owns 24,021 shares of the e-commerce giant’s stock worth $5,270,000 after acquiring an additional 1,320 shares during the last quarter. AWM Capital LLC increased its holdings in Amazon.com by 2.9% in the 2nd quarter. AWM Capital LLC now owns 3,213 shares of the e-commerce giant’s stock valued at $708,000 after acquiring an additional 90 shares during the last quarter. SRH Advisors LLC lifted its stake in Amazon.com by 34.7% in the 2nd quarter. SRH Advisors LLC now owns 660 shares of the e-commerce giant’s stock worth $145,000 after purchasing an additional 170 shares in the last quarter. Headland Capital LLC boosted its holdings in shares of Amazon.com by 3.7% during the 2nd quarter. Headland Capital LLC now owns 37,257 shares of the e-commerce giant’s stock valued at $8,174,000 after purchasing an additional 1,319 shares during the last quarter. Finally, Fishman Jay A Ltd. MI boosted its holdings in shares of Amazon.com by 0.4% during the 2nd quarter. Fishman Jay A Ltd. MI now owns 443,351 shares of the e-commerce giant’s stock valued at $97,267,000 after purchasing an additional 1,640 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMZN. Rosenblatt Securities lifted their target price on Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Roth Capital set a $250.00 price objective on Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Finally, Wolfe Research upped their price target on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $267.94.

Amazon.com Stock Up 1.4%

NASDAQ AMZN opened at $221.09 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average of $225.24 and a two-hundred day moving average of $213.61. The firm has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.70, a PEG ratio of 1.44 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for 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 business’s revenue for the quarter was up 13.3% on a year-over-year basis. 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. On average, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

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 value of $3,022,853.20. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 97,911 shares of company stock worth $21,765,202 over the last three months. 9.70% of the stock is currently owned by company insiders.

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.