2,798 Shares in Amazon.com, Inc. $AMZN Purchased by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 2,798 shares of the e-commerce giant’s stock, valued at approximately $614,000.

A number of other large investors have also made changes to their positions in the stock. Ridgecrest Wealth Partners LLC increased its position in Amazon.com by 0.5% in the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after acquiring an additional 45 shares during the period. Bare Financial Services Inc lifted its stake in Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after buying an additional 48 shares in the last quarter. Heritage Oak Wealth Advisors LLC lifted its stake in shares of Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after purchasing an additional 48 shares during the period. Cobblestone Asset Management LLC lifted its stake in shares of Amazon.com by 3.1% during the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after purchasing an additional 50 shares during the period. Finally, Seek First Inc. raised its position in shares of Amazon.com by 0.5% in the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after buying an additional 50 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were 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 owned 520,507 shares of the company’s stock, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at $10,914,260. This trade represents a 26.59% decrease in their position. 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 in the last three months. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Amazon.com in a research report on Friday. Raymond James Financial lifted their target price on Amazon.com from $230.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday. Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday. DA Davidson lifted their target price on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Friday. Finally, Rosenblatt Securities lifted their price target on Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $289.88.

Amazon.com Trading Up 9.6%

Amazon.com stock opened at $244.22 on Friday. The company’s fifty day simple moving average is $225.49 and its 200-day simple moving average is $215.83. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $250.50. The stock has a market cap of $2.60 trillion, a P/E ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28.

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

Amazon.com 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.