Apollon Financial LLC Purchases 830 Shares of Amazon.com, Inc. $AMZN

Apollon Financial LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,216 shares of the e-commerce giant’s stock after acquiring an additional 830 shares during the period. Amazon.com makes up about 3.4% of Apollon Financial LLC’s investment portfolio, making the stock its 4th biggest position. Apollon Financial LLC’s holdings in Amazon.com were worth $16,063,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Apollon Wealth Management LLC lifted its stake in Amazon.com by 0.6% in the 2nd quarter. Apollon Wealth Management LLC now owns 463,740 shares of the e-commerce giant’s stock valued at $101,740,000 after buying an additional 2,966 shares in the last quarter. Hemington Wealth Management lifted its stake in Amazon.com by 0.6% in the 2nd quarter. Hemington Wealth Management now owns 15,184 shares of the e-commerce giant’s stock valued at $3,331,000 after buying an additional 97 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in Amazon.com by 7.6% in the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 257,203 shares of the e-commerce giant’s stock valued at $56,428,000 after buying an additional 18,250 shares in the last quarter. Van Strum & Towne Inc. lifted its stake in Amazon.com by 2.3% in the 2nd quarter. Van Strum & Towne Inc. now owns 8,479 shares of the e-commerce giant’s stock valued at $1,860,000 after buying an additional 189 shares in the last quarter. Finally, Natural Investments LLC lifted its stake in Amazon.com by 329.5% in the 2nd quarter. Natural Investments LLC now owns 20,477 shares of the e-commerce giant’s stock valued at $4,492,000 after buying an additional 15,709 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 9.6%

Shares of AMZN opened at $244.22 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization 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 stock’s fifty day simple moving average is $225.49 and its 200 day simple moving average is $216.08. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $250.50.

Amazon.com (NASDAQ:AMZN) last issued its 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 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%.The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on AMZN. Telsey Advisory Group upped their target price on Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday. Raymond James Financial upped their target price on Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday. The Goldman Sachs Group upped their target price on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Bank of America increased their price target on Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research note on Friday. Finally, TD Cowen increased their price target on Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus price target of $289.88.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 95,411 shares of company stock worth $21,222,702. Corporate insiders own 9.70% of the company’s stock.

About Amazon.com

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.