Bogart Wealth LLC Purchases 3,449 Shares of Amazon.com, Inc. $AMZN

Bogart Wealth LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,695 shares of the e-commerce giant’s stock after buying an additional 3,449 shares during the quarter. Amazon.com accounts for 0.8% of Bogart Wealth LLC’s portfolio, making the stock its 22nd largest position. Bogart Wealth LLC’s holdings in Amazon.com were worth $19,020,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the first quarter worth about $36,000. Maryland Capital Advisors Inc. lifted 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 acquiring an additional 95 shares during the last quarter. Ryan Investment Management Inc. purchased a new stake in Amazon.com during the 2nd quarter valued at about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com during the 1st quarter worth approximately $59,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $244.20 on Thursday. The company’s fifty day moving average price is $228.61 and its 200-day moving average price is $220.04. The stock has a market cap of $2.61 trillion, a PE ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period last year, the company posted $1.43 EPS. Amazon.com’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMZN. CIBC boosted their price objective on Amazon.com to $315.00 in a research report on Monday, October 20th. Weiss Ratings upgraded shares of Amazon.com from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, November 7th. Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a report on Friday, October 31st. Roth Capital boosted their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Citigroup increased their target price on shares of Amazon.com from $270.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $294.15.

Insider Activity

In other news, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at $9,825,943.60. The trade was a 23.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction that occurred 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 sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 128,084 shares of company stock valued at $29,405,457. 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.