Northstar Advisory Group LLC Boosts Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Northstar Advisory Group LLC increased its holdings in Amazon.com, Inc. by 8.8%, owning 34,381 shares valued at approximately $7.54 million as of the latest reporting period.
• Several analysts recently affirmed or upgraded their ratings on Amazon, maintaining a consensus rating of "Buy" with a price target averaging $263.30.
• Amazon reported earnings per share of $1.68 in its most recent quarterly results, exceeding estimates and showing a 13.3% year-over-year revenue increase.

Northstar Advisory Group LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,381 shares of the e-commerce giant's stock after buying an additional 2,771 shares during the quarter. Amazon.com comprises 3.7% of Northstar Advisory Group LLC's investment portfolio, making the stock its 5th largest position. Northstar Advisory Group LLC's holdings in Amazon.com were worth $7,543,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com during the 4th quarter valued at $25,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter worth about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC boosted its position in shares of Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after purchasing an additional 2,145 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN traded down $3.85 during midday trading on Monday, hitting $227.63. 45,744,649 shares of the stock traded hands, compared to its average volume of 43,972,473. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a 50-day moving average of $227.81 and a two-hundred day moving average of $209.49. The firm has a market capitalization of $2.43 trillion, a P/E ratio of 34.70, a PEG ratio of 1.55 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

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

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the sale, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last three months. 9.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMZN. Susquehanna boosted their price target on Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. JMP Securities reissued a "market outperform" rating and issued a $285.00 target price on shares of Amazon.com in a report on Friday, August 1st. Wells Fargo & Company upped their price target on shares of Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 29th. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Finally, Westpark Capital reaffirmed a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Amazon.com has an average rating of "Buy" and a consensus target price of $263.30.

Amazon.com Company 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.