MMA Asset Management LLC Buys 994 Shares of Amazon.com, Inc. $AMZN

MMA Asset Management LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 13.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,446 shares of the e-commerce giant’s stock after buying an additional 994 shares during the period. MMA Asset Management LLC’s holdings in Amazon.com were worth $1,853,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of AMZN. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com during the second quarter valued at approximately $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com during the first quarter valued at $36,000. Maryland Capital Advisors Inc. boosted its holdings in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares in the last quarter. Ryan Investment Management Inc. bought a new stake in shares of Amazon.com during the 2nd quarter valued at $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Amazon.com in the 1st quarter worth about $59,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Telsey Advisory Group lifted their price target on shares of Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Westpark Capital reiterated a “buy” rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Rothschild Redb cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Evercore ISI lifted their price objective on Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.78.

Amazon.com Stock Performance

Shares of AMZN opened at $233.30 on Friday. The company has a market cap of $2.49 trillion, a price-to-earnings ratio of 35.56, a P/E/G ratio of 1.52 and a beta of 1.29. The business’s fifty day simple moving average is $227.52 and its two-hundred day simple moving average is $222.97. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

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

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the sale, the chief executive officer owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. This trade represents a 0.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jonathan Rubinstein sold 8,173 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the sale, the director owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 82,234 shares of company stock worth $19,052,442. 9.70% of the stock is owned by company insiders.

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.