Arcus Capital Partners LLC Purchases 1,160 Shares of Amazon.com, Inc. $AMZN

Arcus Capital Partners LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 7,648 shares of the e-commerce giant’s stock after acquiring an additional 1,160 shares during the period. Amazon.com comprises about 0.7% of Arcus Capital Partners LLC’s holdings, making the stock its 26th largest holding. Arcus Capital Partners LLC’s holdings in Amazon.com were worth $1,678,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMZN. Joseph P. Lucia & Associates LLC lifted its position in Amazon.com by 2.6% during the second quarter. Joseph P. Lucia & Associates LLC now owns 34,692 shares of the e-commerce giant’s stock valued at $7,611,000 after buying an additional 892 shares during the period. Wealthstream Advisors Inc. increased its stake in shares of Amazon.com by 8.5% in the 2nd quarter. Wealthstream Advisors Inc. now owns 14,507 shares of the e-commerce giant’s stock worth $3,183,000 after acquiring an additional 1,139 shares in the last quarter. DeDora Capital Inc. lifted its position in Amazon.com by 1.4% during the 2nd quarter. DeDora Capital Inc. now owns 38,091 shares of the e-commerce giant’s stock valued at $8,357,000 after acquiring an additional 531 shares during the period. SAM Advisors LLC lifted its position in Amazon.com by 2.8% during the 2nd quarter. SAM Advisors LLC now owns 18,918 shares of the e-commerce giant’s stock valued at $4,150,000 after acquiring an additional 513 shares during the period. Finally, Gladwyn Financial Advisors Inc. bought a new stake in Amazon.com during the second quarter worth about $314,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of analyst reports. Raymond James Financial raised their target price on shares of Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. BMO Capital Markets reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research report on Friday, October 31st. Mizuho set a $315.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, November 4th. Telsey Advisory Group increased their target price on Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Finally, China Renaissance lifted their price target on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $294.04.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred 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 represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer directly owned 3,138 shares in the company, valued at approximately $695,286.66. This represents a 85.00% 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 90 days. 9.70% of the stock is owned by insiders.

Amazon.com Stock Performance

Shares of AMZN opened at $248.40 on Tuesday. 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, Inc. has a one year low of $161.38 and a one year high of $258.60. The firm has a market capitalization of $2.66 trillion, a P/E ratio of 37.87, a PEG ratio of 1.52 and a beta of 1.29. The business has a fifty day moving average of $227.77 and a 200 day moving average of $219.45.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion for 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%.The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.