Janney Montgomery Scott LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,603,361 shares of the e-commerce giant's stock after purchasing an additional 66,950 shares during the quarter. Amazon.com makes up 1.5% of Janney Montgomery Scott LLC's holdings, making the stock its 6th largest position. Janney Montgomery Scott LLC's holdings in Amazon.com were worth $571,151,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Western Wealth Management LLC raised its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC raised its holdings in shares of Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock valued at $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd raised its holdings in shares of Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant's stock valued at $249,295,000 after purchasing an additional 63,924 shares during the period. Finally, Formidable Asset Management LLC raised its holdings in Amazon.com by 2.6% in the 1st quarter. Formidable Asset Management LLC now owns 35,136 shares of the e-commerce giant's stock valued at $6,685,000 after acquiring an additional 889 shares during the period. 72.20% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have weighed in on AMZN. Rosenblatt Securities increased their price target on shares of Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a report on Friday, August 1st. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Susquehanna raised their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a report on Friday, August 1st. Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, Scotiabank raised their target price on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a report on Tuesday, July 22nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com has a consensus rating of "Buy" and a consensus price target of $266.26.
Read Our Latest Stock Analysis on Amazon.com
Insider Transactions at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares in the company, valued at $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction that occurred 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 owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,864,716 shares of company stock valued at $2,486,013,854. Corporate insiders own 10.80% of the company's stock.
Amazon.com Stock Performance
Shares of Amazon.com stock opened at $220.07 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market capitalization of $2.35 trillion, a P/E ratio of 33.55, a P/E/G ratio of 1.43 and a beta of 1.28. The company's 50 day moving average price is $226.10 and its two-hundred day moving average price is $212.16.
Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business posted $1.26 earnings per share. The company's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Amazon.com Company Profile
(
Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Amazon.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.
While Amazon.com currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
