Amazon.com, Inc. $AMZN Shares Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 157,243 shares of the e-commerce giant’s stock after acquiring an additional 334 shares during the quarter. Amazon.com comprises about 1.2% of Ashton Thomas Private Wealth LLC’s portfolio, making the stock its 9th biggest holding. Ashton Thomas Private Wealth LLC’s holdings in Amazon.com were worth $34,497,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of AMZN. OVERSEA CHINESE BANKING Corp Ltd lifted its position in Amazon.com by 27.8% during the second quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 529,054 shares of the e-commerce giant’s stock worth $115,769,000 after purchasing an additional 115,234 shares during the period. Solstein Capital LLC increased its holdings in Amazon.com by 5.1% in the 2nd quarter. Solstein Capital LLC now owns 25,678 shares of the e-commerce giant’s stock valued at $5,633,000 after buying an additional 1,257 shares during the period. Delta Investment Management LLC raised its position in shares of Amazon.com by 19.2% in the 2nd quarter. Delta Investment Management LLC now owns 60,838 shares of the e-commerce giant’s stock valued at $13,347,000 after buying an additional 9,820 shares in the last quarter. Riverwater Partners LLC lifted its holdings in shares of Amazon.com by 10.9% during the 2nd quarter. Riverwater Partners LLC now owns 5,501 shares of the e-commerce giant’s stock worth $1,207,000 after acquiring an additional 540 shares during the period. Finally, Signature Wealth Management Group acquired a new stake in shares of Amazon.com during the 2nd quarter worth approximately $1,410,000. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, Director Jonathan Rubinstein sold 8,173 shares of Amazon.com stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% 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 22,000 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the transaction, the chief executive officer directly owned 493,507 shares in the company, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 43,357 shares of company stock valued at $10,607,215. 10.80% of the stock is currently owned by company insiders.

Amazon.com Price Performance

AMZN stock opened at $217.14 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.32 trillion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.52 and a beta of 1.29. The company’s fifty day simple moving average is $227.92 and its 200 day simple moving average is $221.48. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

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

Analyst Ratings Changes

Several research analysts have commented on the stock. Daiwa Capital Markets boosted their price objective on shares of Amazon.com from $254.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Wolfe Research boosted their price target on Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Friday, October 31st. Rothschild Redb downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, TD Cowen increased their target price 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. Two analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.70.

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.