Astra Wealth Partners LLC Purchases 1,095 Shares of Amazon.com, Inc. $AMZN

Astra Wealth Partners LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 35.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,150 shares of the e-commerce giant’s stock after buying an additional 1,095 shares during the period. Astra Wealth Partners LLC’s holdings in Amazon.com were worth $910,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. acquired a new position in Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 1st quarter worth approximately $36,000. Maryland Capital Advisors Inc. boosted its stake in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 95 shares during the period. Ryan Investment Management Inc. acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in Amazon.com in the 1st quarter valued at $59,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Up 1.8%

Shares of NASDAQ AMZN opened at $233.30 on Friday. The stock has a market capitalization of $2.49 trillion, a P/E ratio of 35.56, a PEG ratio of 1.52 and a beta of 1.29. The stock’s fifty day moving average is $227.52 and its 200 day moving average is $223.05. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. 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 (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings data 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 business had revenue of $180.17 billion during 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%. Amazon.com’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Matthew S. Garman sold 17,768 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the completion of the transaction, the chief executive officer owned 6,273 shares in the company, valued at $1,360,613.70. This trade represents a 73.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com 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 sale, the director owned 26,148 shares in the company, valued at approximately $5,925,398.28. This represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,234 shares of company stock worth $19,052,442 in the last 90 days. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AMZN shares. Cantor Fitzgerald lifted their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Truist Financial set a $290.00 price target on shares of Amazon.com in a research note on Friday, October 31st. Evercore ISI increased their price target on shares of Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Rothschild Redb downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $295.78.

Get Our Latest Stock Analysis on AMZN

About Amazon.com

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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