GoalVest Advisory LLC Grows Position in Amazon.com, Inc. $AMZN

GoalVest Advisory LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 14,828 shares of the e-commerce giant’s stock after purchasing an additional 802 shares during the period. Amazon.com comprises approximately 0.8% of GoalVest Advisory LLC’s portfolio, making the stock its 20th biggest holding. GoalVest Advisory LLC’s holdings in Amazon.com were worth $3,253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter worth about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter valued at approximately $36,000. Maryland Capital Advisors Inc. raised its position in Amazon.com by 81.9% during the 2nd 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. purchased a new stake in Amazon.com in the 2nd quarter worth approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $59,000. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Canaccord Genuity Group set a $300.00 target price on Amazon.com and gave the company a “buy” rating in a report on Friday, October 31st. Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. DA Davidson upped their price objective on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, UBS Group set a $310.00 price target on shares of Amazon.com in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.70.

Amazon.com Trading Down 2.5%

Shares of NASDAQ AMZN opened at $217.14 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. 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 firm has a 50-day moving average of $227.92 and a 200 day moving average of $221.48. The stock has a market cap of $2.32 trillion, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

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

Insider Buying and Selling

In other news, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the sale, the director directly owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the transaction, the chief executive officer directly owned 498,182 shares of the company’s stock, valued at approximately $115,931,933.22. This represents a 0.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 43,357 shares of company stock worth $10,607,215 in the last 90 days. Insiders own 10.80% of the company’s stock.

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.