Brucke Financial Inc. Has $4.23 Million Stake in Amazon.com, Inc. $AMZN

Brucke Financial Inc. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,278 shares of the e-commerce giant’s stock after selling 336 shares during the period. Amazon.com makes up about 2.9% of Brucke Financial Inc.’s holdings, making the stock its 6th largest holding. Brucke Financial Inc.’s holdings in Amazon.com were worth $4,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in AMZN. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the 1st quarter valued at $40,000. Maryland Capital Advisors Inc. boosted its stake in 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 buying an additional 95 shares during the period. Finally, Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter valued at about $42,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the transaction, the chief executive officer directly owned 520,507 shares of the company’s stock, valued at approximately $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 95,411 shares of company stock valued at $21,222,702 over the last 90 days. Company insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Rosenblatt Securities lifted their target price on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. BMO Capital Markets boosted their target price on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Citizens Jmp began coverage on shares of Amazon.com in a report on Thursday, July 10th. They issued a “strong-buy” rating for the company. Finally, Westpark Capital restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Amazon.com has an average rating of “Buy” and an average target price of $268.54.

Get Our Latest Research Report on Amazon.com

Amazon.com Trading Down 3.2%

AMZN opened at $222.86 on Friday. The business has a 50 day simple moving average of $225.19 and a two-hundred day simple moving average of $215.39. The firm has a market capitalization of $2.38 trillion, a price-to-earnings ratio of 33.97, a PEG ratio of 1.52 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 one year low of $161.38 and a one year high of $242.52.

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

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

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

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