Amazon.com, Inc. $AMZN Shares Purchased by Spectrum Strategic Capital Management LLC

Key Points

• Spectrum Strategic Capital Management LLC increased its holdings in Amazon.com, Inc. by 19.0%, owning a total of 13,556 shares valued at $2,974,000 as of its latest SEC filing.
• Amazon reported $1.68 EPS for the last quarter, surpassing estimates, with revenue of $167.70 billion, reflecting a 13.3% year-over-year growth.
• Wall Street analysts have a consensus rating of "Buy" for Amazon's stock, with price targets ranging from $266.00 to $280.00, and three analysts rating it as a strong buy.

Spectrum Strategic Capital Management LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,556 shares of the e-commerce giant's stock after buying an additional 2,161 shares during the period. Amazon.com makes up 1.5% of Spectrum Strategic Capital Management LLC's holdings, making the stock its 13th biggest position. Spectrum Strategic Capital Management LLC's holdings in Amazon.com were worth $2,974,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new position in Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the 1st quarter worth $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the 1st quarter worth $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the 1st quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. grew its holdings in shares of Amazon.com by 81.9% in 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. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 1.7%

NASDAQ AMZN opened at $216.39 on Wednesday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a 50 day moving average of $226.16 and a two-hundred day moving average of $212.19. 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 stock has a market capitalization of $2.31 trillion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 1.46 and a beta of 1.28.

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

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Monday, July 21st. The shares were sold at an average price of $227.77, for a total value of $973,315,191.49. Following the transaction, the insider directly owned 890,273,469 shares of the company's stock, valued at $202,777,588,034.13. The trade was a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,864,716 shares of company stock valued at $2,486,013,854 over the last 90 days. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Stifel Nicolaus lifted their target price on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. BMO Capital Markets upped their price target on Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, Bank of America raised their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $266.26.

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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