Eaton Financial Holdings Company LLC Has $5.96 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Eaton Financial Holdings increased its stake in Amazon.com, Inc. by 24.4%, holding 27,161 shares valued at approximately $5.96 million, making it the 18th biggest position in their portfolio.
• Insider selling occurred, with CEO Douglas J. Herrington selling 2,500 shares worth $558,725, reducing his ownership by 0.48%, while corporate insiders own 9.70% of the company's stock.
• Amazon's stock is up 0.8%, trading at $222.41 with a market capitalization of $2.37 trillion and an average price target of $265.09 from analysts.

Eaton Financial Holdings Company LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 24.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,161 shares of the e-commerce giant's stock after buying an additional 5,332 shares during the period. Amazon.com accounts for approximately 1.8% of Eaton Financial Holdings Company LLC's investment portfolio, making the stock its 18th biggest position. Eaton Financial Holdings Company LLC's holdings in Amazon.com were worth $5,959,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the second quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter valued at about $40,000. Maryland Capital Advisors Inc. grew its stake 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 acquiring an additional 95 shares in the last quarter. Finally, Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the first quarter valued at about $42,000. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,842,622 shares of company stock valued at $4,731,205,179. Corporate insiders own 9.70% of the company's stock.

Amazon.com Stock Up 0.8%

Shares of NASDAQ AMZN opened at $222.41 on Friday. The company has a market capitalization of $2.37 trillion, a P/E ratio of 33.90, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company's 50 day moving average price is $226.79 and its 200-day moving average price is $210.83.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the business earned $1.26 EPS. The firm's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast 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 recently issued reports on AMZN shares. Monness Crespi & Hardt increased their price target on Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. HSBC increased their price target on Amazon.com from $256.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday. Susquehanna increased their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research note on Friday, August 1st. Scotiabank increased their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, July 22nd. Finally, Cowen reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $265.09.

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.

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