Amazon.com, Inc. $AMZN Stake Boosted by Aviance Capital Partners LLC

Aviance Capital Partners LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 131,955 shares of the e-commerce giant’s stock after buying an additional 726 shares during the quarter. Amazon.com makes up approximately 3.8% of Aviance Capital Partners LLC’s portfolio, making the stock its 3rd largest holding. Aviance Capital Partners LLC’s holdings in Amazon.com were worth $28,950,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AMZN. Kesler Norman & Wride LLC raised its holdings in shares of Amazon.com by 3.2% in the 2nd quarter. Kesler Norman & Wride LLC now owns 19,909 shares of the e-commerce giant’s stock worth $4,368,000 after purchasing an additional 624 shares during the period. Hills Bank & Trust Co increased its position in Amazon.com by 2.8% in the second quarter. Hills Bank & Trust Co now owns 69,449 shares of the e-commerce giant’s stock worth $15,236,000 after buying an additional 1,860 shares during the last quarter. Uniting Wealth Partners LLC increased its position in Amazon.com by 5.5% in the second quarter. Uniting Wealth Partners LLC now owns 8,990 shares of the e-commerce giant’s stock worth $1,972,000 after buying an additional 472 shares during the last quarter. Summit Investment Advisory Services LLC bought a new stake in shares of Amazon.com in the second quarter valued at $629,000. Finally, Everest Management Corp. lifted its position in shares of Amazon.com by 10.4% during the 2nd quarter. Everest Management Corp. now owns 7,137 shares of the e-commerce giant’s stock valued at $1,566,000 after buying an additional 675 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 0.2%

Shares of NASDAQ:AMZN opened at $229.16 on Thursday. The firm has a fifty day moving average price of $227.53 and a two-hundred day moving average price of $222.76. The company has a market cap of $2.45 trillion, a price-to-earnings ratio of 34.93, a PEG ratio of 1.52 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results 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 for 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 business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on AMZN shares. JPMorgan Chase & Co. lifted 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 increased their target price on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. BNP Paribas Exane began coverage on shares of Amazon.com in a research report on Monday. They issued an “outperform” rating on the stock. New Street Research upped their price target on shares of Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the company a “positive” rating in a research note on Friday, October 31st. One research analyst has 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $295.78.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $232.71, for a total transaction of $1,113,284.64. Following the completion of the sale, the chief executive officer owned 498,182 shares in the company, valued at approximately $115,931,933.22. This trade represents a 0.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the transaction, the director owned 26,148 shares in the company, valued at approximately $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 82,234 shares of company stock worth $19,052,442. 9.70% of the stock is owned by insiders.

Amazon.com Company 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.