Smith Thornton Advisors LLC Grows Stock Holdings in Amazon.com, Inc. $AMZN

Smith Thornton Advisors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 5,756 shares of the e-commerce giant’s stock after buying an additional 780 shares during the quarter. Smith Thornton Advisors LLC’s holdings in Amazon.com were worth $1,263,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 1st quarter valued at approximately $36,000. Maryland Capital Advisors Inc. raised 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 buying an additional 95 shares during the period. Ryan Investment Management Inc. bought a new stake in Amazon.com in the second quarter worth $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in Amazon.com during the first quarter worth $59,000. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMZN shares. Pivotal Research increased their target price on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Citizens Jmp increased their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a research report on Friday, October 31st. Scotiabank raised their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus target price of $294.15.

Amazon.com Price Performance

Shares of AMZN stock opened at $237.58 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $228.65 and a two-hundred day simple moving average of $220.16. The stock has a market capitalization of $2.54 trillion, a price-to-earnings ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced its quarterly 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 analyst estimates of $177.53 billion. During the same quarter last year, the firm posted $1.43 earnings per share. 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, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $255.44, for a total value of $638,600.00. Following the completion of the transaction, the chief executive officer owned 491,007 shares of the company’s stock, valued at $125,422,828.08. The trade was a 0.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This represents a 85.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 123,300 shares of company stock worth $28,294,038. 9.70% of the stock is owned by corporate insiders.

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.