Rockbridge Capital Management LLC Has $17.89 Million Stake in Amazon.com, Inc. $AMZN

Rockbridge Capital Management LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,557 shares of the e-commerce giant’s stock after acquiring an additional 2,821 shares during the period. Amazon.com accounts for 10.2% of Rockbridge Capital Management LLC’s portfolio, making the stock its 3rd largest position. Rockbridge Capital Management LLC’s holdings in Amazon.com were worth $17,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Amazon.com by 81.9% in the 2nd 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 during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the topic of several research analyst reports. Rosenblatt Securities raised their price objective on Amazon.com from $298.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Wedbush restated an “outperform” rating and issued a $340.00 price target on shares of Amazon.com in a research report on Monday. Zacks Research raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Wolfe Research raised their target price on shares of Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-four have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $293.17.

Amazon.com Trading Up 0.6%

Amazon.com stock opened at $244.41 on Friday. 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 firm has a 50-day moving average price of $227.39 and a two-hundred day moving average price of $218.43. The firm has a market capitalization of $2.61 trillion, a price-to-earnings ratio of 37.26, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $255.44, for a total transaction of $638,600.00. Following the sale, the chief executive officer owned 491,007 shares of the company’s stock, valued at $125,422,828.08. The trade was a 0.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 128,084 shares of company stock worth $29,405,457 over the last quarter. Insiders own 9.70% of the company’s stock.

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.