Leisure Capital Management Has $1.61 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Leisure Capital Management increased its stake in Amazon.com by 48.3%, acquiring 2,760 additional shares during the first quarter, bringing its total holdings to 8,469 shares valued at approximately $1.61 million.
• Amazon's CFO, Brian T. Olsavsky, sold 17,750 shares on August 21st, decreasing his ownership by 26.59%, while the company reported a substantial year-over-year revenue increase of 13.3% for its latest quarter.
• As of now, institutional investors own 72.20% of Amazon's stock, with recent analyst ratings generally favorable, resulting in a consensus "Buy" rating and a target price around $262.87.

Leisure Capital Management lifted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 48.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,469 shares of the e-commerce giant's stock after buying an additional 2,760 shares during the quarter. Leisure Capital Management's holdings in Amazon.com were worth $1,611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of AMZN. GAMMA Investing LLC boosted its position in shares of Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares during the period. Capital World Investors boosted its position in shares of Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock valued at $14,416,078,000 after acquiring an additional 17,681,004 shares during the period. Capital International Investors boosted its position in shares of Amazon.com by 26.5% in the fourth quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock valued at $12,564,961,000 after acquiring an additional 12,000,745 shares during the period. Northern Trust Corp boosted its position in shares of Amazon.com by 14.0% in the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after acquiring an additional 11,926,749 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Amazon.com in the fourth quarter valued at approximately $2,037,963,000. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the sale, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 over the last quarter. Company insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMZN shares. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Scotiabank raised their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a report on Tuesday, July 22nd. Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Wells Fargo & Company increased their price target on shares of Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 29th. Finally, Stifel Nicolaus lifted their price objective on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Price Performance

Amazon.com stock traded down $3.35 during mid-day trading on Friday, hitting $232.33. 36,684,807 shares of the company were exchanged, compared to its average volume of 32,905,296. The business has a fifty day moving average of $225.74 and a 200 day moving average of $208.13. 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, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a market capitalization of $2.48 trillion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company earned $1.26 EPS. The business's quarterly 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, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.