Atlas Private Wealth Advisors Grows Stake in Amazon.com, Inc. $AMZN

Atlas Private Wealth Advisors boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,238 shares of the e-commerce giant’s stock after buying an additional 890 shares during the period. Atlas Private Wealth Advisors’ holdings in Amazon.com were worth $5,098,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Wilson Asset Management International PTY Ltd. bought a new stake in Amazon.com during the 2nd quarter valued at approximately $11,102,000. ARK Investment Management LLC boosted its stake in Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after purchasing an additional 86,978 shares during the period. Buckhead Capital Management LLC grew its holdings in Amazon.com by 16.1% during the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock valued at $6,232,000 after buying an additional 3,948 shares in the last quarter. Flaharty Asset Management LLC grew its holdings in Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares in the last quarter. Finally, Border to Coast Pensions Partnership Ltd raised its position in shares of Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after buying an additional 63,924 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on AMZN. Mizuho downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. President Capital upped their price objective on Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Bank of America increased their target price on Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Benchmark boosted their price target on shares of Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Evercore ISI increased their price objective on shares of Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $295.78.

Insider Activity

In related news, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction on 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 owned 7,170 shares in the company, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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. Insiders sold 82,234 shares of company stock valued at $19,052,442 over the last 90 days. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $229.16 on Thursday. The firm has a 50 day moving average of $227.53 and a 200 day moving average of $222.76. 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 company has a market capitalization of $2.45 trillion, a price-to-earnings ratio of 34.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. 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 quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.