Amazon.com, Inc. $AMZN Shares Bought by Menard Financial Group LLC

Key Points

• Menard Financial Group LLC has increased its stake in Amazon.com, Inc. by 17.6%, making Amazon its 4th largest holding with 35,864 shares valued at approximately $6.6 million.
• Amazon reported $1.68 earnings per share for the last quarter, exceeding analysts' expectations, alongside a 13.3% year-over-year revenue growth to $167.70 billion.
• Major analyst ratings for Amazon include a price target increase from Pivotal Research from $260.00 to $285.00, with a consensus rating of "Buy" from most research firms.

Menard Financial Group LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 17.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,864 shares of the e-commerce giant's stock after purchasing an additional 5,375 shares during the period. Amazon.com makes up approximately 4.5% of Menard Financial Group LLC's holdings, making the stock its 4th biggest position. Menard Financial Group LLC's holdings in Amazon.com were worth $6,635,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Western Wealth Management LLC boosted its holdings in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Amazon.com during the 1st quarter worth about $514,000. Bearing Point Capital LLC bought a new position in shares of Amazon.com during the 4th quarter worth about $12,014,000. Evergreen Capital Management LLC lifted its holdings in shares of Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after acquiring an additional 1,198 shares during the period. Finally, Keyvantage Wealth LLC bought a new position in shares of Amazon.com during the 4th quarter worth about $2,735,000. 72.20% of the stock is owned by institutional investors.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,095,411 shares of company stock worth $5,675,473,849. Corporate insiders own 9.70% of the company's stock.

Amazon.com Price Performance

AMZN traded down $2.60 during midday trading on Monday, hitting $229.00. The company had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market capitalization of $2.44 trillion, a PE ratio of 34.91, a P/E/G ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The firm's 50-day simple moving average is $224.25 and its 200-day simple moving average is $207.79.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. UBS Group reaffirmed a "buy" rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Wedbush raised their price objective on shares of Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. DA Davidson raised their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $262.87.

Amazon.com 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.