Amazon.com, Inc. $AMZN Stock Position Raised by Elyxium Wealth LLC

Elyxium Wealth LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,977 shares of the e-commerce giant’s stock after buying an additional 2,398 shares during the quarter. Amazon.com accounts for about 2.5% of Elyxium Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Elyxium Wealth LLC’s holdings in Amazon.com were worth $6,796,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMZN. Carderock Capital Management Inc. bought a new position in shares of Amazon.com during the second quarter worth about $27,000. Maryland Capital Advisors Inc. increased its holdings 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 buying an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new stake in Amazon.com during the second quarter valued at approximately $48,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com during the 1st quarter worth approximately $59,000. Finally, Access Investment Management LLC acquired a new position in shares of Amazon.com in the 2nd quarter worth approximately $74,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s 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 completion of the sale, the director directly owned 26,148 shares of the company’s stock, valued at approximately $5,925,398.28. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 82,234 shares of company stock valued at $19,052,442. 9.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Citizens Jmp upped their price target on Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a research report on Friday, October 31st. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $250.00 price target on shares of Amazon.com in a report on Tuesday, November 18th. Arete boosted their price objective on shares of Amazon.com from $248.00 to $253.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Oppenheimer raised their target price on shares of Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Finally, Canaccord Genuity Group set a $300.00 target price on Amazon.com and gave the company a “buy” rating 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.78.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $233.30 on Monday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The company 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 stock has a 50 day simple moving average of $227.52 and a 200-day simple moving average of $223.14. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period last year, the firm earned $1.43 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS 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.