15,000 Shares in Amazon.com, Inc. $AMZN Acquired by Canal Insurance CO

Canal Insurance CO bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,000 shares of the e-commerce giant’s stock, valued at approximately $3,291,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. bought a new position in Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com during the 1st quarter worth about $36,000. Maryland Capital Advisors Inc. raised its position 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 worth $46,000 after acquiring an additional 95 shares in the last quarter. Ryan Investment Management Inc. bought a new position in shares of Amazon.com in the 2nd quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Amazon.com in the 1st quarter valued at about $59,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of several recent analyst reports. Canaccord Genuity Group set a $300.00 target price on Amazon.com and gave the stock a “buy” rating in a research note on Friday, October 31st. Oppenheimer raised their price objective on shares of Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Evercore ISI boosted their target price on shares of Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Arete increased their target price on shares of Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Finally, Roth Capital lifted their price target on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $294.15.

Amazon.com Stock Down 1.2%

Shares of NASDAQ AMZN opened at $234.69 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a 50-day moving average price of $228.70 and a 200-day moving average price of $220.72. The stock has a market capitalization of $2.51 trillion, a P/E ratio of 35.78, a P/E/G ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating 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 net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. 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 research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the 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 sale, the chief executive officer directly owned 491,007 shares of the company’s stock, valued at approximately $125,422,828.08. This represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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.

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.