Amplius Wealth Advisors LLC Purchases 2,977 Shares of Amazon.com, Inc. $AMZN

Amplius Wealth Advisors LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 21.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,028 shares of the e-commerce giant’s stock after acquiring an additional 2,977 shares during the quarter. Amplius Wealth Advisors LLC’s holdings in Amazon.com were worth $3,736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the business. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the first quarter valued at approximately $36,000. Maryland Capital Advisors Inc. boosted its holdings in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the last quarter. Ryan Investment Management Inc. bought a new stake in Amazon.com in the 2nd quarter worth approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com in the first quarter valued at about $59,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN stock opened at $229.67 on Wednesday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The firm has a market cap of $2.46 trillion, a price-to-earnings ratio of 35.01, a PEG ratio of 1.52 and a beta of 1.29. The business’s fifty day simple moving average is $227.58 and its two-hundred day simple moving average is $222.71. 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 (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, beating analysts’ consensus estimates 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 net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. TD Cowen upped their target price on shares of Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Mizuho lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Cantor Fitzgerald increased their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, Wells Fargo & Company increased their price target on Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $295.78.

Insider Activity

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the completion of the sale, the director directly owned 26,148 shares in the company, valued at $5,925,398.28. The trade was a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the transaction, the chief executive officer directly owned 2,208,310 shares in the company, valued at approximately $479,070,771.40. The trade was a 0.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 82,234 shares of company stock valued at $19,052,442. Company insiders own 9.70% of the company’s stock.

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.