Fifth Third Wealth Advisors LLC Has $56.43 Million Holdings in Amazon.com, Inc. $AMZN

Fifth Third Wealth Advisors LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 257,203 shares of the e-commerce giant’s stock after acquiring an additional 18,250 shares during the period. Amazon.com makes up about 2.4% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Fifth Third Wealth Advisors LLC’s holdings in Amazon.com were worth $56,428,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Carderock Capital Management Inc. bought a new position in shares of Amazon.com during the 2nd quarter worth about $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 1st quarter worth about $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com during the 1st quarter worth about $40,000. Maryland Capital Advisors Inc. lifted its holdings 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 acquiring an additional 95 shares during the period. Finally, Capitol Family Office Inc. bought a new position in shares of Amazon.com during the 1st quarter worth about $42,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

AMZN opened at $244.22 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $250.50. 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’s 50 day simple moving average is $225.49 and its 200-day simple moving average is $216.08. The stock 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.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating 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 business had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the firm earned $1.43 earnings per share. Amazon.com’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on AMZN. Sanford C. Bernstein set a $300.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Rosenblatt Securities lifted their price target on shares of Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a report on Friday. Evercore ISI lifted their price target on shares of Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a report on Friday. Finally, Susquehanna set a $300.00 price target on shares of Amazon.com and gave the company a “positive” rating in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $289.88.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares of the company’s stock, valued at $111,916,569.70. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 2,715 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,411 shares of company stock valued at $21,222,702 over the last three months. Insiders own 9.70% of the company’s stock.

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.