IFC Advisors LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,514 shares of the e-commerce giant’s stock after purchasing an additional 731 shares during the period. Amazon.com accounts for 1.7% of IFC Advisors LLC’s holdings, making the stock its 13th biggest holding. IFC Advisors LLC’s holdings in Amazon.com were worth $9,327,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. increased its position in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Amazon.com
In related news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $255.44, for a total transaction of $638,600.00. Following the transaction, the chief executive officer directly owned 491,007 shares in the company, valued at $125,422,828.08. This represents a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 128,084 shares of company stock valued at $29,405,457 in the last three months. Insiders own 9.70% of the company’s stock.
Amazon.com Price Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same period in the prior year, the business posted $1.43 earnings per share. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on AMZN shares. Monness Crespi & Hardt boosted their target price on shares of Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. DZ Bank reissued a “buy” rating on shares of Amazon.com in a research note on Friday, October 31st. Rosenblatt Securities raised their target price on Amazon.com from $298.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Maxim Group lifted their target price on Amazon.com from $272.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $293.42.
Check Out Our Latest Analysis on Amazon.com
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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