Amazon.com, Inc. $AMZN Shares Purchased by Alpha Wealth Funds LLC

Alpha Wealth Funds LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 172.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,012 shares of the e-commerce giant’s stock after acquiring an additional 1,908 shares during the period. Amazon.com comprises about 0.6% of Alpha Wealth Funds LLC’s investment portfolio, making the stock its 22nd biggest holding. Alpha Wealth Funds LLC’s holdings in Amazon.com were worth $667,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Carderock Capital Management Inc. bought a new position in Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter valued at $36,000. Maryland Capital Advisors Inc. boosted its holdings 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 valued at $46,000 after acquiring an additional 95 shares during the period. Ryan Investment Management Inc. bought a new position in shares of Amazon.com during the second quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Amazon.com in the 1st quarter worth about $59,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Trading Down 2.7%

Shares of AMZN stock opened at $237.58 on Friday. The stock has a 50-day simple moving average of $228.65 and a 200 day simple moving average of $220.16. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The stock has a market capitalization of $2.54 trillion, a P/E ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results 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 net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the previous year, the business earned $1.43 earnings per share. Amazon.com’s revenue for the quarter was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was 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 $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 value of $638,600.00. Following the completion of the transaction, the chief executive officer owned 491,007 shares in the company, valued at $125,422,828.08. The trade was a 0.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 123,300 shares of company stock valued at $28,294,038. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Stifel Nicolaus boosted their target price on shares of Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Susquehanna set a $300.00 price objective on Amazon.com and gave the stock a “positive” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. raised their target price on Amazon.com from $265.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings raised Amazon.com from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, November 7th. Finally, DA Davidson increased their price target on Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research note 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 company’s stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus target price of $294.15.

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.