Arrowroot Family Office LLC Takes $1.65 Million Position in Amazon.com, Inc. $AMZN

Arrowroot Family Office LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,529 shares of the e-commerce giant’s stock, valued at approximately $1,652,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter worth about $27,000. Maryland Capital Advisors Inc. grew 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 purchasing an additional 95 shares during the last quarter. Ryan Investment Management Inc. purchased a new stake in Amazon.com in the 2nd quarter worth about $48,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Amazon.com during the first quarter valued at approximately $59,000. Finally, Access Investment Management LLC bought a new position in shares of Amazon.com during the second quarter valued at approximately $74,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on AMZN. Telsey Advisory Group raised their price target on Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Stifel Nicolaus increased their target price on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. KeyCorp lifted their target price on Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Wedbush restated an “outperform” rating and issued a $340.00 price target on shares of Amazon.com in a report on Monday, November 3rd. Finally, Rothschild Redb downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. One equities research 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $296.05.

Insider Activity at Amazon.com

In related news, Director Keith Brian Alexander sold 900 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the sale, the director directly owned 7,170 shares in the company, valued at $1,670,610. This represents a 11.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $226.61, for a total value of $280,316.57. Following the sale, the director directly owned 26,148 shares in the company, valued at approximately $5,925,398.28. The trade was a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,734 shares of company stock valued at $18,493,717 over the last 90 days. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 0.3%

Shares of Amazon.com stock opened at $233.88 on Tuesday. 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 has a market cap of $2.50 trillion, a price-to-earnings ratio of 35.65, a PEG ratio of 1.52 and a beta of 1.29. The firm’s 50-day moving average is $227.65 and its two-hundred day moving average is $223.35. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60.

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, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter in the prior year, the company earned $1.43 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.