32,200 Shares in Amazon.com, Inc. $AMZN Bought by Triton Wealth Management PLLC

Triton Wealth Management PLLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 32,200 shares of the e-commerce giant’s stock, valued at approximately $7,478,000. Amazon.com accounts for approximately 3.2% of Triton Wealth Management PLLC’s investment portfolio, making the stock its 8th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. purchased a new position in Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the 1st quarter valued at about $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com in the 1st quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. raised its stake in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Up 0.4%

AMZN stock opened at $250.20 on Thursday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. 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 company has a market cap of $2.67 trillion, a price-to-earnings ratio of 38.14, a PEG ratio of 1.52 and a beta of 1.28. The company has a 50 day moving average of $226.85 and a two-hundred day moving average of $217.72.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results 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 net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent analyst reports. Citigroup upped their target price on shares of Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, October 31st. HSBC raised their price target on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the company a “positive” rating in a report on Friday, October 31st. TD Cowen increased their price objective on shares of Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, KeyCorp raised their target price on shares of Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-four have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $293.17.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 128,084 shares of company stock worth $29,405,457 in the last ninety days. Company insiders own 9.70% of the company’s stock.

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.