Wellington Shields Capital Management LLC Grows Stake in Amazon.com, Inc. $AMZN

Wellington Shields Capital Management LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,839 shares of the e-commerce giant’s stock after buying an additional 1,193 shares during the period. Amazon.com comprises approximately 3.7% of Wellington Shields Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Wellington Shields Capital Management LLC’s holdings in Amazon.com were worth $21,684,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after acquiring an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE grew its stake in Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after buying an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com during the 4th quarter worth $2,153,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In related news, Director Jonathan Rubinstein sold 8,173 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the transaction, the director owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.94, for a total value of $4,311,031.68. Following the transaction, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. The trade was a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 82,234 shares of company stock valued at $19,052,442 in the last three months. Company insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. TD Cowen increased their price target on Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Citigroup reissued an “overweight” rating on shares of Amazon.com in a research report on Wednesday. HSBC raised their price target on shares of Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Benchmark boosted their price objective on shares of Amazon.com from $260.00 to $295.00 and gave the company a “buy” 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’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $295.78.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $233.30 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market capitalization of $2.49 trillion, a price-to-earnings ratio of 35.56, a PEG ratio of 1.52 and a beta of 1.29. The firm’s 50 day simple moving average is $227.52 and its 200-day simple moving average is $223.05. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.