1,136 Shares in Amazon.com, Inc. $AMZN Acquired by Harbor Asset Planning Inc.

Harbor Asset Planning Inc. acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,136 shares of the e-commerce giant’s stock, valued at approximately $249,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com in the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. boosted its stake in shares of Amazon.com by 81.9% in 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 in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 0.6%

Shares of NASDAQ AMZN opened at $244.41 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.61 trillion, a PE ratio of 37.26, a P/E/G ratio of 1.52 and a beta of 1.29. The company’s fifty day simple moving average is $227.39 and its 200 day simple moving average is $218.43. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.38. The firm 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 quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 22,000 shares of the company’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 transaction of $5,500,660.00. Following the transaction, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the 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 completion of the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 128,084 shares of company stock worth $29,405,457 in the last quarter. Company insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AMZN shares. Wells Fargo & Company upped their price objective on shares of Amazon.com from $280.00 to $292.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Citizens Jmp upped their price target on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a report on Friday, October 31st. William Blair reiterated an “outperform” rating on shares of Amazon.com in a research note on Monday. Finally, TD Cowen boosted their price objective on Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $293.17.

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.