One Degree Advisors Inc Buys 898 Shares of Amazon.com, Inc. $AMZN

One Degree Advisors Inc increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 36.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,344 shares of the e-commerce giant’s stock after acquiring an additional 898 shares during the quarter. One Degree Advisors Inc’s holdings in Amazon.com were worth $733,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ridgecrest Wealth Partners LLC lifted its position in shares of Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after purchasing an additional 45 shares in the last quarter. Bare Financial Services Inc lifted its position in shares of Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares in the last quarter. Heritage Oak Wealth Advisors LLC lifted its position in shares of Amazon.com by 1.2% during the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after purchasing an additional 48 shares in the last quarter. Cobblestone Asset Management LLC lifted its position in shares of Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after purchasing an additional 50 shares in the last quarter. Finally, Seek First Inc. lifted its position in shares of Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $244.22 on Friday. The firm has a market capitalization of $2.60 trillion, a P/E ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $250.50. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average is $225.49 and its two-hundred day moving average is $216.08.

Amazon.com (NASDAQ:AMZN) last announced 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. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMZN. Weiss Ratings cut shares of Amazon.com from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Wolfe Research upped their target price on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Truist Financial set a $290.00 target price on shares of Amazon.com in a research note on Friday. Morgan Stanley restated an “overweight” rating and set a $315.00 target price (up from $300.00) on shares of Amazon.com in a research note on Friday. Finally, Mizuho set a $300.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Monday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus target price of $289.88.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,411 shares of company stock valued at $21,222,702 over the last three months. 9.70% of the stock is currently owned by insiders.

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.