Amazon.com, Inc. $AMZN Shares Bought by Transcendent Capital Group LLC

Transcendent Capital Group LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 124.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,843 shares of the e-commerce giant’s stock after buying an additional 8,784 shares during the quarter. Amazon.com comprises approximately 1.8% of Transcendent Capital Group LLC’s portfolio, making the stock its 17th largest position. Transcendent Capital Group LLC’s holdings in Amazon.com were worth $3,476,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at $40,000. Maryland Capital Advisors Inc. boosted its stake 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 in the last quarter. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter valued at about $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AMZN shares. Cantor Fitzgerald upped their target price on shares of Amazon.com from $280.00 to $315.00 and gave the company an “overweight” rating in a report on Friday. Citigroup increased their target price on shares of Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a report on Friday. KeyCorp increased their target price on shares of Amazon.com from $300.00 to $303.00 and gave the company an “overweight” rating in a report on Friday. Bank of America increased their target price on shares of Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a report on Friday. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a research 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 given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $289.88.

Amazon.com Stock Performance

Shares of AMZN stock opened at $244.22 on Monday. The company’s fifty day simple moving average is $225.49 and its 200-day simple moving average is $216.37. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $250.50. 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 company has a market cap of $2.60 trillion, a PE ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last issued its 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 business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 95,411 shares of company stock worth $21,222,702. 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.