Amazon.com, Inc. $AMZN is Daymark Wealth Partners LLC’s 4th Largest Position

Daymark Wealth Partners LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 9.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 362,490 shares of the e-commerce giant’s stock after purchasing an additional 32,313 shares during the quarter. Amazon.com accounts for 3.0% of Daymark Wealth Partners LLC’s investment portfolio, making the stock its 4th biggest holding. Daymark Wealth Partners LLC’s holdings in Amazon.com were worth $79,527,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of AMZN. Eubel Brady & Suttman Asset Management Inc. acquired a new stake in shares of Amazon.com during the second quarter worth $231,000. Econ Financial Services Corp raised its position in Amazon.com by 5.5% during the 2nd quarter. Econ Financial Services Corp now owns 8,206 shares of the e-commerce giant’s stock worth $1,800,000 after buying an additional 428 shares during the last quarter. Mayflower Financial Advisors LLC raised its position in Amazon.com by 0.9% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 34,261 shares of the e-commerce giant’s stock worth $7,517,000 after buying an additional 318 shares during the last quarter. Golden Road Advisors LLC lifted its stake in shares of Amazon.com by 5.4% in the 2nd quarter. Golden Road Advisors LLC now owns 3,597 shares of the e-commerce giant’s stock worth $789,000 after acquiring an additional 185 shares during the period. Finally, WNY Asset Management LLC boosted its holdings in shares of Amazon.com by 3.2% in the second quarter. WNY Asset Management LLC now owns 24,972 shares of the e-commerce giant’s stock valued at $5,479,000 after acquiring an additional 768 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, Director Jonathan Rubinstein sold 8,173 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the transaction, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Keith Brian Alexander sold 900 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $233.00, for a total value of $209,700.00. Following the sale, the director owned 7,170 shares in the company, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,357 shares of company stock valued at $10,607,215 in the last ninety days. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AMZN. Westpark Capital restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Telsey Advisory Group increased their target price on Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Rothschild Redb cut Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. UBS Group set a $310.00 price objective on Amazon.com in a report on Friday, October 31st. Finally, Cantor Fitzgerald increased their price objective on Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Two investment 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.com, the company has an average rating of “Moderate Buy” and a consensus price target of $294.70.

Amazon.com Trading Up 1.6%

NASDAQ:AMZN opened at $220.69 on Monday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. 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 stock has a fifty day simple moving average of $227.77 and a 200-day simple moving average of $222.21. The company has a market capitalization of $2.36 trillion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last posted its 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 firm had revenue of $180.17 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.