Leeward Financial Partners LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 8.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,923 shares of the e-commerce giant’s stock after buying an additional 4,284 shares during the quarter. Amazon.com makes up about 3.7% of Leeward Financial Partners LLC’s holdings, making the stock its 6th largest position. Leeward Financial Partners LLC’s holdings in Amazon.com were worth $11,611,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com during the first quarter worth approximately $36,000. Maryland Capital Advisors Inc. lifted its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the last quarter. Ryan Investment Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Amazon.com in the 1st quarter valued at $59,000. 72.20% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. KeyCorp boosted their price target on shares of Amazon.com from $300.00 to $303.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Raymond James Financial boosted their target price on Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, October 31st. President Capital raised their price target on Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Bank of America lifted their price target on Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $300.00 price objective on shares of Amazon.com in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $295.78.
Insider Buying and Selling at Amazon.com
In other news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer directly owned 6,273 shares in the company, valued at $1,360,613.70. This represents a 73.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 82,234 shares of company stock worth $19,052,442. 9.70% of the stock is currently owned by company insiders.
Amazon.com Stock Down 0.2%
AMZN stock opened at $229.16 on Thursday. The stock has a market capitalization of $2.45 trillion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a fifty day moving average of $227.53 and a 200-day moving average of $222.76. 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, Inc. has a one year low of $161.38 and a one year high of $258.60.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The business had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, analysts expect 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.
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