Amazon.com, Inc. $AMZN Stake Boosted by Ethic Inc.

Ethic Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 742,871 shares of the e-commerce giant’s stock after purchasing an additional 26,406 shares during the quarter. Amazon.com makes up about 3.0% of Ethic Inc.’s investment portfolio, making the stock its 4th largest holding. Ethic Inc.’s holdings in Amazon.com were worth $165,883,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AMZN. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter worth about $36,000. Maryland Capital Advisors Inc. raised its stake 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 period. Ryan Investment Management Inc. purchased a new position in Amazon.com in the 2nd quarter worth approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com in the 1st quarter worth approximately $59,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares of the company’s stock, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction 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 completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 123,300 shares of company stock worth $28,294,038 in the last ninety days. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMZN. Evercore ISI lifted their price objective on shares of Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Amazon.com in a report on Friday, October 31st. DA Davidson boosted their price target on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Susquehanna set a $300.00 price objective on Amazon.com and gave the company a “positive” rating in a research report on Friday, October 31st. Finally, Citigroup lifted their target price on Amazon.com from $270.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus target price of $294.15.

Amazon.com Stock Down 1.2%

Shares of NASDAQ:AMZN opened at $234.69 on Friday. The company has a market cap of $2.51 trillion, a price-to-earnings ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 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 company has a 50-day moving average price of $228.70 and a 200 day moving average price of $220.49.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The business 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 company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.