Amazon.com, Inc. $AMZN Shares Acquired by PDS Planning Inc

PDS Planning Inc increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 17.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 61,021 shares of the e-commerce giant’s stock after buying an additional 8,907 shares during the quarter. Amazon.com comprises 1.0% of PDS Planning Inc’s portfolio, making the stock its 23rd largest position. PDS Planning Inc’s holdings in Amazon.com were worth $13,387,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new position in Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com during the first quarter worth $40,000. Maryland Capital Advisors Inc. lifted its position in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the last quarter. Finally, Capitol Family Office Inc. bought a new stake in Amazon.com during the 1st quarter valued at $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $222.86 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The business has a fifty day simple moving average of $225.19 and a 200 day simple moving average of $215.39. The firm has a market cap of $2.38 trillion, a price-to-earnings ratio of 33.97, a P/E/G ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same period last year, the business earned $1.43 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 95,411 shares of company stock valued at $21,222,702. 9.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. 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. Cowen restated a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. CIBC upped their price objective on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Finally, Pivotal Research upped their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $268.54.

Read Our Latest Research Report on AMZN

Amazon.com Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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