Amazon.com, Inc. $AMZN Shares Bought by Cross Staff Investments Inc

Cross Staff Investments Inc lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,864 shares of the e-commerce giant’s stock after purchasing an additional 1,590 shares during the quarter. Amazon.com comprises 4.1% of Cross Staff Investments Inc’s holdings, making the stock its 4th biggest position. Cross Staff Investments Inc’s holdings in Amazon.com were worth $5,894,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com in the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the 1st quarter worth approximately $40,000. Maryland Capital Advisors Inc. raised its stake in shares of 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. Finally, Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter worth approximately $42,000. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the 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 completion of the transaction, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 95,411 shares of company stock valued at $21,222,702 over the last ninety days. 9.70% of the stock is owned by insiders.

Amazon.com Stock Performance

AMZN opened at $244.22 on Friday. The business’s fifty day moving average is $225.49 and its 200-day moving average is $215.83. The firm has a market cap of $2.60 trillion, a P/E ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $250.50.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion for 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 revenue was up 13.4% compared to the same quarter last year. During the same period last year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. JMP Securities set a $300.00 price objective on Amazon.com in a research note on Friday. Susquehanna set a $300.00 price objective on Amazon.com and gave the stock a “positive” rating in a research note on Friday. Arete upped their price objective on Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. CIBC upped their price objective on Amazon.com to $315.00 in a research note on Monday, October 20th. Finally, Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $289.88.

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.