Fullcircle Wealth LLC Has $1.31 Million Position in Amazon.com, Inc. $AMZN

Fullcircle Wealth LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,202 shares of the e-commerce giant’s stock after purchasing an additional 256 shares during the quarter. Fullcircle Wealth LLC’s holdings in Amazon.com were worth $1,313,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com during the 2nd quarter valued at $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter valued at about $36,000. Maryland Capital Advisors Inc. grew its holdings in shares of Amazon.com by 81.9% during 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. acquired a new position in shares of Amazon.com in the second quarter valued at approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com in the 1st quarter valued at approximately $59,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $300.00 target price on shares of Amazon.com in a research report on Friday, October 31st. Rosenblatt Securities reissued a “buy” rating and issued a $305.00 price objective on shares of Amazon.com in a research note on Tuesday, November 25th. Evercore ISI raised their target price on Amazon.com from $280.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. China Renaissance lifted their target price on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Monness Crespi & Hardt increased their price target on Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $295.78.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $5,500,660.00. Following the completion of the sale, the chief executive officer directly owned 493,507 shares in the company, valued at approximately $123,391,555.21. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the transaction, the chief executive officer owned 6,273 shares in the company, valued at $1,360,613.70. This represents a 73.91% decrease in their position. 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. Insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 1.8%

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 P/E/G ratio of 1.52 and a beta of 1.29. The business has a 50 day simple moving average of $227.52 and a 200 day simple moving average of $223.05. 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 issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue was up 13.4% compared to the same quarter last year. 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. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.