AA Financial Advisors LLC Raises Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• AA Financial Advisors LLC increased its stake in Amazon.com, Inc. by 181.4% during the second quarter, now holding 42,470 shares valued at approximately $9.32 million.
• CEO Douglas J. Herrington sold 2,500 shares of Amazon at an average price of $223.49, decreasing his ownership by 0.48% but retaining holdings worth about $115.77 million.
• Amazon.com recently reported a $1.68 EPS for the quarter, surpassing estimates, with revenue rising 13.3% year-over-year to $167.70 billion.

AA Financial Advisors LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 181.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,470 shares of the e-commerce giant's stock after purchasing an additional 27,378 shares during the quarter. Amazon.com makes up 2.0% of AA Financial Advisors LLC's holdings, making the stock its 13th largest position. AA Financial Advisors LLC's holdings in Amazon.com were worth $9,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter worth $25,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter valued at about $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com in the first quarter valued at about $42,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the transaction, the chief executive officer owned 518,007 shares in the company, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,997,911 shares of company stock valued at $4,989,630,574 in the last 90 days. Corporate insiders own 9.70% of the company's stock.

Amazon.com Stock Up 0.7%

Amazon.com stock opened at $219.78 on Friday. The firm has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 1.47 and a beta of 1.30. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The business's 50-day moving average price is $227.44 and its 200 day moving average price is $210.23. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AMZN shares. Piper Sandler increased their price target on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. JMP Securities reiterated a "market outperform" rating and issued a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Stifel Nicolaus increased their price target on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Susquehanna increased their price target on Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research note on Friday, August 1st. Finally, Cantor Fitzgerald increased their price target on Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $264.04.

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.

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