Seelaus Asset Management LLC Grows Holdings in Amazon.com, Inc. $AMZN

Seelaus Asset Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,549 shares of the e-commerce giant’s stock after buying an additional 398 shares during the quarter. Amazon.com accounts for approximately 3.0% of Seelaus Asset Management LLC’s investment portfolio, making the stock its 4th largest position. Seelaus Asset Management LLC’s holdings in Amazon.com were worth $3,411,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter worth $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 worth $46,000 after purchasing an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new position in Amazon.com during the 2nd quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Amazon.com in the 1st quarter valued at about $59,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $233.30 on Friday. The firm has a market capitalization of $2.49 trillion, a P/E ratio of 35.56, a P/E/G ratio of 1.52 and a beta of 1.29. The firm’s 50-day moving average price is $227.52 and its 200-day moving average price is $223.05. 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.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. KeyCorp raised their price objective on Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Rothschild & Co Redburn restated a “neutral” rating and set a $250.00 price target on shares of Amazon.com in a report on Tuesday, November 18th. Wells Fargo & Company upped their price objective on shares of Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Truist Financial set a $290.00 price objective on shares of Amazon.com in a research report on Friday, October 31st. Finally, CICC Research boosted their target price on shares of Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $295.78.

Insider Activity

In other news, Director Keith Brian Alexander sold 900 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $233.00, for a total transaction of $209,700.00. Following the transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This represents a 11.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on 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 owned 498,182 shares in the company, valued at approximately $115,931,933.22. This represents a 0.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 82,234 shares of company stock valued at $19,052,442. Corporate insiders own 9.70% of the company’s stock.

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.