Amazon.com, Inc. $AMZN Position Boosted by Consolidated Capital Management LLC

Key Points

• Consolidated Capital Management LLC increased its stake in Amazon.com by 7.1%, holding 70,620 shares worth approximately $15.5 million, making it the firm's fifth largest position.
• Amazon recently reported earnings of $1.68 EPS for the last quarter, exceeding analysts' expectations and showing 13.3% revenue growth year-over-year with total revenue of $167.70 billion.
• Hedge funds and institutional investors own 72.20% of Amazon's stock, indicating strong institutional interest in the company.

Consolidated Capital Management LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 70,620 shares of the e-commerce giant's stock after buying an additional 4,681 shares during the period. Amazon.com accounts for 5.6% of Consolidated Capital Management LLC's portfolio, making the stock its 5th biggest position. Consolidated Capital Management LLC's holdings in Amazon.com were worth $15,493,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com during the second quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the first quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the first quarter valued at approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the first quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. boosted its position in shares of Amazon.com by 81.9% during the second 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 in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN opened at $216.37 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business has a 50-day simple moving average of $225.94 and a two-hundred day simple moving average of $211.82. The stock has a market cap of $2.31 trillion, a price-to-earnings ratio of 32.98, a PEG ratio of 1.51 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In related news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,040,098 shares of company stock valued at $3,204,129,405 in the last three months. 9.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have commented on AMZN shares. Scotiabank boosted their target price on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a report on Tuesday, July 22nd. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Westpark Capital reissued a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Citizens Jmp started coverage on Amazon.com in a report on Thursday, July 10th. They issued a "strong-buy" rating on the stock. Finally, Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the stock an "outperform" rating in a report on Tuesday, July 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $266.26.

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.

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