Amazon.com, Inc. $AMZN Shares Bought by Commonwealth Retirement Investments LLC

Commonwealth Retirement Investments LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 54.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,279 shares of the e-commerce giant’s stock after purchasing an additional 1,502 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in Amazon.com were worth $939,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMZN. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Amazon.com during the second quarter worth about $11,102,000. ARK Investment Management LLC lifted its stake in shares of Amazon.com by 8.3% during the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after buying an additional 86,978 shares during the period. Buckhead Capital Management LLC boosted its position in Amazon.com by 16.1% during the second quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after acquiring an additional 3,948 shares during the last quarter. Flaharty Asset Management LLC grew its stake in Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after acquiring an additional 2,377 shares during the period. Finally, Border to Coast Pensions Partnership Ltd raised its holdings in Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after acquiring an additional 63,924 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on AMZN. Roth Capital raised their price objective on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Raymond James Financial raised their price target on Amazon.com from $230.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. BMO Capital Markets restated an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a report on Friday, October 31st. Wells Fargo & Company upped their price objective on shares of Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $296.05.

Insider Activity

In related news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the sale, the chief executive officer directly owned 498,182 shares in the company, valued at approximately $115,931,933.22. This represents a 0.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total value of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares in the company, valued at $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 79,734 shares of company stock worth $18,493,717 in the last quarter. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 0.3%

Shares of NASDAQ:AMZN opened at $233.88 on Tuesday. The stock has a 50-day simple moving average of $227.65 and a 200-day simple moving average of $223.35. The stock has a market capitalization of $2.50 trillion, a P/E ratio of 35.65, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year 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:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the previous year, the company posted $1.43 earnings per share. Amazon.com’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Company 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.