Secured Retirement Advisors LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,865 shares of the e-commerce giant’s stock after buying an additional 203 shares during the quarter. Amazon.com accounts for about 2.2% of Secured Retirement Advisors LLC’s portfolio, making the stock its 6th largest holding. Secured Retirement Advisors LLC’s holdings in Amazon.com were worth $3,700,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Carderock Capital Management Inc. acquired a new position in Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. increased its position in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were 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 directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 97,911 shares of company stock valued at $21,765,202. 10.80% of the stock is owned by insiders.
Amazon.com Trading Up 1.4%
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. Weiss Ratings cut shares of Amazon.com from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Finally, Needham & Company LLC restated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $268.69.
View Our Latest Analysis on AMZN
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.
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