Capital Investment Services of America Inc. Has $29.11 Million Stake in Amazon.com, Inc. $AMZN

Capital Investment Services of America Inc. lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,663 shares of the e-commerce giant’s stock after acquiring an additional 430 shares during the quarter. Amazon.com makes up approximately 2.7% of Capital Investment Services of America Inc.’s holdings, making the stock its 15th largest holding. Capital Investment Services of America Inc.’s holdings in Amazon.com were worth $29,105,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AMZN. Granite Harbor Advisors Inc. increased its holdings in Amazon.com by 2.0% during the 2nd quarter. Granite Harbor Advisors Inc. now owns 26,564 shares of the e-commerce giant’s stock valued at $5,828,000 after purchasing an additional 529 shares in the last quarter. Fusion Family Wealth LLC acquired a new position in Amazon.com in the second quarter worth $207,000. Axiom Financial Strategies LLC bought a new stake in shares of Amazon.com during the second quarter worth $249,000. Forum Financial Management LP increased its stake in shares of Amazon.com by 2.1% in the second quarter. Forum Financial Management LP now owns 114,567 shares of the e-commerce giant’s stock valued at $25,135,000 after buying an additional 2,311 shares in the last quarter. Finally, Ethic Inc. raised its holdings in shares of Amazon.com by 3.7% in the second quarter. Ethic Inc. now owns 742,871 shares of the e-commerce giant’s stock valued at $165,883,000 after buying an additional 26,406 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

AMZN opened at $234.69 on Friday. The company has a fifty day moving average price of $228.70 and a two-hundred day moving average price of $220.72. The firm has a market capitalization of $2.51 trillion, a PE ratio of 35.78, a P/E/G ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

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

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the sale, 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. Insiders sold a total of 123,300 shares of company stock worth $28,294,038 over the last ninety days. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AMZN shares. TD Cowen increased their price objective on shares of Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. New Street Research upped their target price on shares of Amazon.com from $270.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. JMP Securities set a $300.00 price target on shares of Amazon.com in a research note on Friday, October 31st. Westpark Capital reissued a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Monness Crespi & Hardt upped their price objective on Amazon.com from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $294.15.

About Amazon.com

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.