Mcdaniel Terry & Co. Has $26.49 Million Stock Position in Amazon.com, Inc. $AMZN

Mcdaniel Terry & Co. reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,748 shares of the e-commerce giant’s stock after selling 2,479 shares during the period. Amazon.com makes up about 2.2% of Mcdaniel Terry & Co.’s investment portfolio, making the stock its 20th largest position. Mcdaniel Terry & Co.’s holdings in Amazon.com were worth $26,491,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AMZN. City State Bank grew its stake in shares of Amazon.com by 9.8% in the second quarter. City State Bank now owns 19,107 shares of the e-commerce giant’s stock worth $4,192,000 after acquiring an additional 1,702 shares during the last quarter. SSA Swiss Advisors AG grew its position in Amazon.com by 49.9% in the 2nd quarter. SSA Swiss Advisors AG now owns 19,589 shares of the e-commerce giant’s stock worth $4,462,000 after purchasing an additional 6,525 shares during the last quarter. Fielder Capital Group LLC increased its holdings in shares of Amazon.com by 1.6% during the 2nd quarter. Fielder Capital Group LLC now owns 6,480 shares of the e-commerce giant’s stock worth $1,422,000 after purchasing an additional 103 shares during the period. Insight Wealth Partners LLC increased its holdings in shares of Amazon.com by 2.6% during the 2nd quarter. Insight Wealth Partners LLC now owns 10,555 shares of the e-commerce giant’s stock worth $2,316,000 after purchasing an additional 267 shares during the period. Finally, Curio Wealth LLC raised its position in shares of Amazon.com by 25,085.7% during the second quarter. Curio Wealth LLC now owns 1,763 shares of the e-commerce giant’s stock valued at $387,000 after buying an additional 1,756 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 4,784 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the transaction, the chief executive officer directly owned 498,182 shares in the company, valued at approximately $115,931,933.22. This represents a 0.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 128,984 shares of company stock worth $29,617,023 over the last 90 days. Company insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Truist Financial set a $290.00 price target on Amazon.com in a research note on Friday, October 31st. CICC Research boosted their price objective on Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Bank of America raised their target price on Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, Stifel Nicolaus increased their price objective on shares of Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $294.70.

Amazon.com Stock Down 4.4%

AMZN opened at $222.55 on Wednesday. The firm has a market cap of $2.38 trillion, a price-to-earnings ratio of 33.93, a PEG ratio of 1.52 and a beta of 1.29. 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 firm’s 50-day simple moving average is $228.33 and its 200-day simple moving average is $221.51. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The firm had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.