Triton Financial Group Inc Invests $5.42 Million in Amazon.com, Inc. $AMZN

Triton Financial Group Inc purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 24,690 shares of the e-commerce giant’s stock, valued at approximately $5,417,000. Amazon.com comprises about 3.9% of Triton Financial Group Inc’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors have also added to or reduced their stakes in AMZN. Carderock Capital Management Inc. bought a new position in Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $36,000. Maryland Capital Advisors Inc. boosted its stake in shares of Amazon.com by 81.9% during the second 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 period. Ryan Investment Management Inc. bought a new position in shares of Amazon.com in the second quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in Amazon.com in the 1st quarter worth about $59,000. Institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. The trade was a 85.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 128,084 shares of company stock worth $29,405,457. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Down 2.0%

AMZN opened at $244.20 on Thursday. The firm has a market cap of $2.61 trillion, a price-to-earnings ratio of 37.23, a PEG ratio of 1.52 and a beta of 1.29. 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, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The stock has a fifty day moving average price of $228.61 and a 200-day moving average price of $220.04.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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. The company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AMZN shares. China Renaissance boosted their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, October 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of Amazon.com in a research note on Friday, October 31st. Rosenblatt Securities raised their price objective on Amazon.com from $298.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $294.15.

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.