Janney Capital Management LLC Purchases 4,416 Shares of Amazon.com, Inc. $AMZN

Key Points

• Janney Capital Management LLC increased its stake in Amazon.com, acquiring an additional 4,416 shares, bringing its total to 58,766 shares valued at approximately $12.89 million.
• Insider sales included significant transactions by CFO Brian T. Olsavsky and CEO Andrew R. Jassy, which resulted in decreases of 26.59% and 0.90% in their respective holdings.
• Amazon.com reported a quarterly earnings per share (EPS) of $1.68, surpassing analyst expectations of $1.31, and revenue reached $167.70 billion, indicating a year-over-year growth of 13.3%.

Janney Capital Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,766 shares of the e-commerce giant's stock after acquiring an additional 4,416 shares during the quarter. Janney Capital Management LLC's holdings in Amazon.com were worth $12,893,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Ridgecrest Wealth Partners LLC boosted its position in Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant's stock valued at $1,843,000 after buying an additional 45 shares during the period. Bare Financial Services Inc boosted its position in Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after buying an additional 48 shares during the period. Heritage Oak Wealth Advisors LLC boosted its position in Amazon.com by 1.2% during the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant's stock valued at $862,000 after buying an additional 48 shares during the period. Cobblestone Asset Management LLC boosted its position in Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant's stock valued at $367,000 after buying an additional 50 shares during the period. Finally, Seek First Inc. boosted its position in Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant's stock valued at $2,009,000 after buying an additional 50 shares during the period. Institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com 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 transaction, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated 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 transaction, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,864,716 shares of company stock valued at $2,486,013,854 over the last ninety days. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on AMZN shares. Wolfe Research increased their price target on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Oppenheimer dropped their price target on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a research report on Friday, August 1st. BNP Paribas upgraded shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. BNP Paribas Exane upgraded shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price for the company in a report on Friday, June 27th. Finally, Stifel Nicolaus increased their target price on shares of Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $266.26.

Amazon.com Stock Performance

Shares of AMZN opened at $220.07 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a 50-day simple moving average of $226.10 and a two-hundred day simple moving average of $212.16. The firm has a market capitalization of $2.35 trillion, a PE ratio of 33.55, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the business posted $1.26 earnings per share. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.

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