HighMark Wealth Management LLC Has $783,000 Stock Holdings in Amazon.com, Inc. $AMZN

HighMark Wealth Management LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,571 shares of the e-commerce giant’s stock after purchasing an additional 71 shares during the quarter. HighMark Wealth Management LLC’s holdings in Amazon.com were worth $783,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AMZN. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter worth approximately $40,000. Maryland Capital Advisors Inc. lifted its stake in shares of Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 95 shares during the period. Finally, Capitol Family Office Inc. acquired a new position in shares of Amazon.com in the first quarter worth approximately $42,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Trading Down 0.7%

NASDAQ AMZN opened at $213.04 on Monday. The business has a 50 day moving average price of $225.66 and a 200-day moving average price of $212.88. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a market cap of $2.27 trillion, a price-to-earnings ratio of 32.48, a P/E/G ratio of 1.41 and a beta of 1.28. 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:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. This represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,591,479 shares of company stock valued at $1,512,698,663 in the last three months. Insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMZN. Monness Crespi & Hardt lifted their price objective on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Cowen reiterated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Finally, Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a report on Tuesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $266.26.

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.