Amazon.com, Inc. $AMZN Stake Raised by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 19,909 shares of the e-commerce giant’s stock after purchasing an additional 624 shares during the period. Kesler Norman & Wride LLC’s holdings in Amazon.com were worth $4,368,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AMZN. Carderock Capital Management Inc. purchased a new stake in Amazon.com in the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter worth $36,000. Maryland Capital Advisors Inc. boosted its position in Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new stake in Amazon.com during the second quarter valued at $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in Amazon.com during the first quarter valued at $59,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In other Amazon.com news, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction that occurred 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 transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. The trade was a 11.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the transaction, the director owned 26,148 shares of the company’s stock, valued at approximately $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 82,234 shares of company stock worth $19,052,442. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $229.16 on Thursday. The firm has a market capitalization of $2.45 trillion, a PE ratio of 34.93, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year 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. The firm’s fifty day simple moving average is $227.53 and its 200 day simple moving average is $222.76.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company 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 quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AMZN shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Amazon.com in a research report on Tuesday. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research note on Monday, October 20th. CIBC boosted their target price on shares of Amazon.com to $315.00 in a research report on Monday, October 20th. Finally, BNP Paribas Exane initiated coverage on shares of Amazon.com in a report on Monday. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $295.78.

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.