Zullo Investment Group Inc. Has $9.25 Million Holdings in Amazon.com, Inc. $AMZN

Zullo Investment Group Inc. lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,168 shares of the e-commerce giant’s stock after selling 2,466 shares during the quarter. Amazon.com makes up approximately 3.8% of Zullo Investment Group Inc.’s holdings, making the stock its 5th largest position. Zullo Investment Group Inc.’s holdings in Amazon.com were worth $9,251,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its holdings in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AMZN shares. Wedbush upped their price objective on Amazon.com from $250.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, October 24th. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. JMP Securities set a $300.00 target price on Amazon.com in a report on Friday. Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. Finally, Benchmark upped their target price on Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and an average target price of $289.88.

Amazon.com Stock Up 9.6%

AMZN opened at $244.22 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $250.50. The business has a 50-day moving average of $225.49 and a 200-day moving average of $215.83. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market capitalization of $2.60 trillion, a PE ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28.

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

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the sale, the chief executive officer owned 520,507 shares of the company’s stock, valued at $115,354,761.34. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction that occurred 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 directly owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their position. 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 in the last 90 days. Company insiders own 9.70% of the company’s stock.

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.