Corps Capital Advisors LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 13.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 13,933 shares of the e-commerce giant’s stock after selling 2,248 shares during the period. Amazon.com comprises 4.9% of Corps Capital Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Corps Capital Advisors LLC’s holdings in Amazon.com were worth $3,057,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in the stock. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com during the second quarter worth $27,000. Maryland Capital Advisors Inc. boosted its holdings in Amazon.com by 81.9% during the 2nd 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 period. Ryan Investment Management Inc. acquired a new position in Amazon.com in the 2nd quarter valued at about $48,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Amazon.com during the first quarter worth about $59,000. Finally, Access Investment Management LLC acquired a new stake in shares of Amazon.com during the second quarter worth about $74,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
AMZN has been the subject of a number of research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Amazon.com in a report on Tuesday, November 25th. CIBC boosted their price target on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Stifel Nicolaus upped their price objective on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. BNP Paribas started coverage on Amazon.com in a report on Monday, November 24th. They issued an “outperform” rating for the company. Finally, UBS Group set a $310.00 target price on Amazon.com in a research note 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.78.
Amazon.com Stock Up 1.8%
Amazon.com stock opened at $233.30 on Monday. The stock has a market cap of $2.49 trillion, a PE ratio of 35.56, a P/E/G 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. The stock’s fifty day moving average is $227.52 and its two-hundred day moving average is $223.14. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the prior year, the business posted $1.43 EPS. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Insider Activity at Amazon.com
In related news, CEO Matthew S. Garman sold 17,768 shares of Amazon.com stock in a transaction on 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 sale, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the transaction, the chief executive officer directly owned 2,208,310 shares in the company, valued at approximately $479,070,771.40. The trade was a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 82,234 shares of company stock valued at $19,052,442 in the last quarter. Company insiders own 9.70% of the company’s stock.
About Amazon.com
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.
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