Nadler Financial Group Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,876 shares of the e-commerce giant’s stock after selling 887 shares during the period. Amazon.com accounts for approximately 0.9% of Nadler Financial Group Inc.’s holdings, making the stock its 23rd biggest position. Nadler Financial Group Inc.’s holdings in Amazon.com were worth $8,529,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ridgecrest Wealth Partners LLC grew its holdings in Amazon.com by 0.5% in the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after buying an additional 45 shares in the last quarter. Bare Financial Services Inc boosted its position in Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares during the period. Heritage Oak Wealth Advisors LLC grew its stake in shares of Amazon.com by 1.2% in 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 increased its holdings 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 valued at $367,000 after purchasing an additional 50 shares during the period. Finally, Seek First Inc. raised its stake 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 valued at $2,009,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analyst Upgrades and Downgrades
AMZN has been the topic of several recent analyst reports. Mizuho set a $315.00 target price on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday. BNP Paribas Exane boosted their price objective on Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research note on Monday. Wells Fargo & Company raised their target price on Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $315.00 price target (up from $300.00) on shares of Amazon.com in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $293.42.
Insider Transactions at Amazon.com
In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 22,000 shares of the business’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the transaction, the chief executive officer owned 493,507 shares in the company, valued at approximately $123,391,555.21. This trade represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 128,084 shares of company stock valued at $29,405,457 over the last 90 days. Corporate insiders own 9.70% of the company’s stock.
Amazon.com Stock Down 1.8%
Shares of Amazon.com stock opened at $249.32 on Wednesday. The firm has a market cap of $2.66 trillion, a price-to-earnings ratio of 38.01, a P/E/G ratio of 1.52 and a beta of 1.28. The stock has a 50-day simple moving average of $226.43 and a 200-day simple moving average of $217.49. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share 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 return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.4% compared to the same quarter last year. During the same period last year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
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.
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