Amazon.com, Inc. $AMZN Holdings Lifted by Manchester Financial Inc.

Manchester Financial Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 16.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,757 shares of the e-commerce giant’s stock after acquiring an additional 2,108 shares during the quarter. Amazon.com comprises about 0.7% of Manchester Financial Inc.’s investment portfolio, making the stock its 26th biggest holding. Manchester Financial Inc.’s holdings in Amazon.com were worth $3,238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Carderock Capital Management Inc. acquired a new position in Amazon.com in the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter valued at $36,000. Maryland Capital Advisors Inc. boosted its stake 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 worth $46,000 after acquiring an additional 95 shares in the last quarter. Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the 1st quarter worth $42,000. Finally, Ryan Investment Management Inc. acquired a new stake in shares of Amazon.com during the second quarter worth $48,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Telsey Advisory Group increased their price target on Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. CIBC lifted their target price on shares of Amazon.com to $315.00 in a research report on Monday, October 20th. Raymond James Financial upped their price target on shares of Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, Roth Capital raised their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average price target of $294.04.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $255.44, for a total value of $638,600.00. Following the completion of the sale, the chief executive officer directly owned 491,007 shares in the company, valued at approximately $125,422,828.08. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction 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 transaction, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 128,084 shares of company stock valued at $29,405,457. 9.70% of the stock is owned by company insiders.

Amazon.com Price Performance

AMZN opened at $244.41 on Monday. The stock has a fifty day moving average price of $227.39 and a 200 day moving average price of $219.01. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The stock has a market cap 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 (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 analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same period last year, the business earned $1.43 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com 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.