Amazon.com, Inc. $AMZN Shares Acquired by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 79,532 shares of the e-commerce giant’s stock after purchasing an additional 3,655 shares during the period. Amazon.com accounts for about 1.0% of Sigma Investment Counselors Inc.’s holdings, making the stock its 25th biggest holding. Sigma Investment Counselors Inc.’s holdings in Amazon.com were worth $17,449,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Alpha Wealth Funds LLC increased its stake in Amazon.com by 172.8% in the second quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after purchasing an additional 1,908 shares during the period. Pinnacle Wealth Management LLC raised its holdings in shares of Amazon.com by 1.4% in the second quarter. Pinnacle Wealth Management LLC now owns 12,650 shares of the e-commerce giant’s stock valued at $2,775,000 after buying an additional 178 shares during the last quarter. Planned Solutions Inc. acquired a new stake in shares of Amazon.com during the second quarter worth about $302,000. Disciplined Investments LLC boosted its stake in shares of Amazon.com by 2.9% during the second quarter. Disciplined Investments LLC now owns 2,235 shares of the e-commerce giant’s stock worth $490,000 after buying an additional 62 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. grew its holdings in shares of Amazon.com by 5.0% during the second quarter. Financial Synergies Wealth Advisors Inc. now owns 4,039 shares of the e-commerce giant’s stock worth $886,000 after buying an additional 194 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $248.40 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The firm has a market capitalization of $2.66 trillion, a P/E ratio of 37.87, a PEG ratio of 1.52 and a beta of 1.29. The company’s fifty day moving average is $227.77 and its two-hundred day moving average is $219.45.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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 firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue for the quarter 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. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on AMZN shares. Deutsche Bank Aktiengesellschaft upped their price objective on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Arete boosted their target price on Amazon.com from $248.00 to $253.00 and gave the company a “buy” rating in a report on Monday, October 27th. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, October 31st. Maxim Group lifted their price objective on shares of Amazon.com from $272.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Robert W. Baird set a $285.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $294.04.

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 128,084 shares of company stock worth $29,405,457. 9.70% of the stock is currently owned by company insiders.

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.