Richardson Financial Services Inc. lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,694 shares of the e-commerce giant’s stock after buying an additional 217 shares during the quarter. Amazon.com comprises 1.3% of Richardson Financial Services Inc.’s portfolio, making the stock its 14th biggest holding. Richardson Financial Services Inc.’s holdings in Amazon.com were worth $1,917,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com in the first quarter valued at about $40,000. Maryland Capital Advisors Inc. boosted its holdings in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares during the last quarter. Finally, Capitol Family Office Inc. bought a new position in Amazon.com in the first quarter valued at about $42,000. 72.20% of the stock is owned by institutional investors.
Insider Buying and Selling at Amazon.com
In other news, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the transaction, the chief executive officer owned 520,507 shares in the company, valued at $115,354,761.34. The trade was a 1.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,411 shares of company stock worth $21,222,702 over the last three months. Company insiders own 9.70% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on AMZN shares. DZ Bank reiterated a “buy” rating on shares of Amazon.com in a report on Friday. HSBC raised their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday. Barclays reiterated an “overweight” rating and issued a $300.00 price target (up previously from $275.00) on shares of Amazon.com in a report on Friday. Wells Fargo & Company raised their price target on Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a report on Friday. Finally, UBS Group set a $310.00 price target on Amazon.com in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $289.88.
Read Our Latest Report 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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