Compton Financial Group LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 319.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,552 shares of the e-commerce giant’s stock after acquiring an additional 8,035 shares during the quarter. Amazon.com makes up about 0.6% of Compton Financial Group LLC’s investment portfolio, making the stock its 16th largest position. Compton Financial Group LLC’s holdings in Amazon.com were worth $2,315,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the company. Carderock Capital Management Inc. acquired a new position in Amazon.com during the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at approximately $36,000. Maryland Capital Advisors Inc. boosted its stake 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 valued at $46,000 after acquiring an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new stake in Amazon.com during the 2nd quarter worth $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Amazon.com during the 1st quarter valued at $59,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
Amazon.com Stock Performance
Shares of AMZN stock opened at $233.30 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company’s 50 day moving average price is $227.52 and its two-hundred day moving average price is $222.97. The company has a market capitalization of $2.49 trillion, a P/E ratio of 35.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.
Insider Transactions at Amazon.com
In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the business’s 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 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer directly owned 6,273 shares of the company’s stock, valued at $1,360,613.70. This represents a 73.91% 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 82,234 shares of company stock worth $19,052,442. 9.70% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several research firms have recently issued reports on AMZN. TD Cowen raised their price target on Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Cowen reissued a “buy” rating on shares of Amazon.com in a research note on Tuesday. Wells Fargo & Company boosted their target price on Amazon.com from $280.00 to $292.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. HSBC increased their price target on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Amazon.com in a 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 assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $295.78.
Read Our Latest Stock 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.
Read More
- Five stocks we like better than Amazon.com
- The Role Economic Reports Play in a Successful Investment Strategy
- Power On: Applied Digital’s First AI Data Center Goes Live
- Where Do I Find 52-Week Highs and Lows?
- Alphabet: The AI Leader Best Positioned to Dominate 2026
- Following Congress Stock Trades
- 2 Reasons to Load Up on Fiserv, 1 to Stay Away
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
