Saxony Capital Management LLC Has $1.98 Million Stake in Amazon.com, Inc. $AMZN

Saxony Capital Management LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 25.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,035 shares of the e-commerce giant’s stock after buying an additional 1,817 shares during the quarter. Amazon.com comprises about 1.5% of Saxony Capital Management LLC’s portfolio, making the stock its 20th largest position. Saxony Capital Management LLC’s holdings in Amazon.com were worth $1,982,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the 1st quarter worth $36,000. Maryland Capital Advisors Inc. lifted its position 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 buying an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new stake in Amazon.com in the second quarter valued at about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Amazon.com in the first quarter valued at about $59,000. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the sale, the director directly owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the transaction, the director owned 7,170 shares in the company, valued at approximately $1,670,610. The trade was a 11.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 82,234 shares of company stock worth $19,052,442. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 0.2%

Shares of NASDAQ:AMZN opened at $229.16 on Thursday. The firm has a market cap of $2.45 trillion, a P/E ratio of 34.93, a P/E/G ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The business has a fifty day simple moving average of $227.53 and a 200 day simple moving average of $222.76. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 23.84% and a net margin of 10.54%.The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AMZN shares. JPMorgan Chase & Co. raised their price target on shares of Amazon.com from $265.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Citigroup restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday. BNP Paribas assumed coverage on shares of Amazon.com in a research note on Monday. They set an “outperform” rating on the stock. DZ Bank reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, October 31st. Finally, Wells Fargo & Company raised their price objective on Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $295.78.

Get Our Latest Analysis on Amazon.com

About Amazon.com

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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