11,851 Shares in Amazon.com, Inc. $AMZN Acquired by Hutchinson Financial Advisors INC

Hutchinson Financial Advisors INC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, Holdings Channel.com reports. The institutional investor bought 11,851 shares of the e-commerce giant’s stock, valued at approximately $2,600,000. Amazon.com comprises about 1.1% of Hutchinson Financial Advisors INC’s portfolio, making the stock its 10th biggest position.

Other large investors also recently added to or reduced their stakes in the company. Syverson Strege & Co increased its stake in shares of Amazon.com by 244.8% during the 2nd quarter. Syverson Strege & Co now owns 8,614 shares of the e-commerce giant’s stock worth $1,890,000 after purchasing an additional 6,116 shares during the last quarter. Saxony Capital Management LLC boosted its holdings in Amazon.com by 25.2% in the second quarter. Saxony Capital Management LLC now owns 9,035 shares of the e-commerce giant’s stock worth $1,982,000 after purchasing an additional 1,817 shares in the last quarter. Great Lakes Retirement Inc. increased its position in Amazon.com by 1.3% during the second quarter. Great Lakes Retirement Inc. now owns 117,840 shares of the e-commerce giant’s stock worth $25,853,000 after buying an additional 1,498 shares during the last quarter. Leeward Financial Partners LLC raised its holdings in Amazon.com by 8.8% during the second quarter. Leeward Financial Partners LLC now owns 52,923 shares of the e-commerce giant’s stock valued at $11,611,000 after buying an additional 4,284 shares in the last quarter. Finally, AlphaStar Capital Management LLC acquired a new stake in shares of Amazon.com in the second quarter worth about $9,792,000. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wedbush reissued an “outperform” rating and set a $340.00 price objective on shares of Amazon.com in a report on Monday, November 3rd. Maxim Group increased their price target on Amazon.com from $272.00 to $280.00 and gave the company a “buy” rating in a report on Friday, October 31st. Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Benchmark upped their price objective on shares of Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Barclays reiterated an “overweight” rating and issued a $300.00 target price (up previously from $275.00) on shares of Amazon.com in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $295.78.

Insider Activity at Amazon.com

In related news, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $233.00, for a total value of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the sale, the chief executive officer directly owned 6,273 shares in the company, valued at $1,360,613.70. This trade represents a 73.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,234 shares of company stock worth $19,052,442 in the last three months. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $229.16 on Thursday. The company’s fifty day moving average is $227.53 and its two-hundred day moving average is $222.76. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. 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 $2.45 trillion, a price-to-earnings ratio of 34.93, a P/E/G ratio of 1.52 and a beta of 1.29.

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