D.A. Davidson & CO. Has $153.88 Million Stock Position in Amazon.com, Inc. $AMZN

D.A. Davidson & CO. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 701,409 shares of the e-commerce giant’s stock after purchasing an additional 8,650 shares during the quarter. Amazon.com accounts for about 1.1% of D.A. Davidson & CO.’s holdings, making the stock its 16th biggest position. D.A. Davidson & CO.’s holdings in Amazon.com were worth $153,882,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Barlow Wealth Partners Inc. boosted its stake in Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after purchasing an additional 44 shares during the period. Ridgecrest Wealth Partners LLC raised its stake in Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after purchasing an additional 45 shares during the period. Probity Advisors Inc. raised its stake in Amazon.com by 0.4% during the 2nd quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after purchasing an additional 45 shares during the period. Bare Financial Services Inc lifted its holdings in shares of Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after purchasing an additional 48 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC boosted its position in shares of Amazon.com by 1.2% in the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after buying an additional 48 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 123,300 shares of company stock worth $28,294,038 in the last 90 days. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 2.7%

Amazon.com stock opened at $237.58 on Friday. 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 firm’s fifty day simple moving average is $228.65 and its 200-day simple moving average is $220.16. The company has a market capitalization of $2.54 trillion, a P/E ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping 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 firm had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same period in the prior year, the business posted $1.43 earnings per share. 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. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMZN. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Mizuho set a $315.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, November 4th. President Capital upped their target price on Amazon.com from $280.00 to $320.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Piper Sandler reissued a “negative” rating on shares of Amazon.com in a research report on Friday, October 31st. Finally, New Street Research boosted their price objective on shares of Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Buy” and a consensus price target of $294.15.

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.