Comprehensive Money Management Services LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,019 shares of the e-commerce giant’s stock after acquiring an additional 79 shares during the period. Comprehensive Money Management Services LLC’s holdings in Amazon.com were worth $662,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the business. Carderock Capital Management Inc. bought a new position in Amazon.com in the second quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the first quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the first quarter valued at approximately $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com in the 1st quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. boosted its stake 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 valued at $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction on 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 sale, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. The trade was a 85.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,411 shares of company stock worth $21,222,702 over the last ninety days. 9.70% of the stock is owned by company insiders.
Amazon.com Price Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. During the same quarter last year, the business earned $1.43 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on AMZN. Susquehanna set a $300.00 price target on shares of Amazon.com and gave the company a “positive” rating in a research note on Friday. DZ Bank restated a “buy” rating on shares of Amazon.com in a research note on Friday. Wells Fargo & Company raised their price target on shares of Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday. Needham & Company LLC restated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Finally, Robert W. Baird set a $285.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $289.88.
Check Out Our Latest Analysis on AMZN
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.
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