Advisory Alpha LLC Buys 6,881 Shares of Amazon.com, Inc. $AMZN

Advisory Alpha LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,445 shares of the e-commerce giant’s stock after buying an additional 6,881 shares during the quarter. Advisory Alpha LLC’s holdings in Amazon.com were worth $11,287,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the first quarter worth about $36,000. Maryland Capital Advisors Inc. grew its holdings in Amazon.com by 81.9% during 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 Amazon.com during the 2nd quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in Amazon.com during the 1st quarter valued at about $59,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 1.6%

Amazon.com stock opened at $220.69 on Friday. The stock has a 50-day moving average price of $227.77 and a 200 day moving average price of $221.72. The company has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.64, a price-to-earnings-growth 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, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) 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 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 was up 13.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AMZN. CIBC upped their price target on shares of Amazon.com to $315.00 in a research report on Monday, October 20th. Mizuho downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Bank of America upped their price objective on Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a research report on Monday, November 3rd. Finally, Cantor Fitzgerald boosted their target price on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Two equities research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.70.

Insiders Place Their Bets

In other news, Director Keith Brian Alexander sold 900 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the sale, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This represents a 11.15% 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 4,784 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the sale, the chief executive officer directly owned 498,182 shares in the company, valued at approximately $115,931,933.22. The trade was a 0.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 43,357 shares of company stock worth $10,607,215. Corporate insiders own 9.70% of the company’s stock.

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.