Arbor Capital Management Inc. ADV raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,214 shares of the e-commerce giant’s stock after purchasing an additional 276 shares during the period. Amazon.com comprises approximately 3.2% of Arbor Capital Management Inc. ADV’s holdings, making the stock its 3rd largest holding. Arbor Capital Management Inc. ADV’s holdings in Amazon.com were worth $3,725,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Barlow Wealth Partners Inc. raised its holdings in shares of Amazon.com by 0.4% during the second quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after purchasing an additional 44 shares during the period. Ridgecrest Wealth Partners LLC grew its position in shares of Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after buying an additional 45 shares during the last quarter. Probity Advisors Inc. raised its stake in Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after acquiring an additional 45 shares during the period. Bare Financial Services Inc lifted its holdings in Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares during the last quarter. Finally, Heritage Oak Wealth Advisors LLC boosted its stake in Amazon.com by 1.2% in the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock valued at $862,000 after acquiring an additional 48 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $5,500,660.00. Following the completion of the transaction, the chief executive officer owned 493,507 shares of the company’s stock, valued at $123,391,555.21. This represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jonathan Rubinstein sold 8,173 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 80,030 shares in the company, valued at approximately $20,009,900.90. This represents a 9.27% 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 44,594 shares of company stock valued at $10,887,531. 9.70% of the stock is currently owned by insiders.
Amazon.com Trading Up 2.5%
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter last year, the firm posted $1.43 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
AMZN has been the subject of a number of analyst reports. Rosenblatt Securities boosted their target price on shares of Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, October 31st. China Renaissance boosted their price objective on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. increased their price objective on Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Pivotal Research lifted their target price on Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, CIBC boosted their price target on Amazon.com to $315.00 in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $294.70.
View Our Latest Analysis on Amazon.com
Amazon.com 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.
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