Strong Tower Advisory Services Has $12.57 Million Position in Amazon.com, Inc. $AMZN

Strong Tower Advisory Services raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,281 shares of the e-commerce giant’s stock after purchasing an additional 56 shares during the quarter. Amazon.com accounts for approximately 2.5% of Strong Tower Advisory Services’ investment portfolio, making the stock its 9th largest holding. Strong Tower Advisory Services’ holdings in Amazon.com were worth $12,567,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com during the second quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the first quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. raised its stake in Amazon.com by 81.9% in the second 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 in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Activity

In related news, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders 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.

Amazon.com Stock Down 3.2%

NASDAQ:AMZN opened at $222.86 on Friday. The firm has a market capitalization of $2.38 trillion, a P/E ratio of 33.97, a PEG ratio of 1.52 and a beta of 1.28. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company’s fifty day moving average price is $225.19 and its 200-day moving average price is $215.39. 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 (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AMZN. Evercore ISI reissued an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Monday, October 20th. The Goldman Sachs Group boosted their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, CIBC boosted their price objective on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $268.54.

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.