Amazon.com, Inc. $AMZN Shares Purchased by Brown Lisle Cummings Inc.

Key Points

• Brown Lisle Cummings Inc. increased its stake in Amazon.com, owning 49,707 shares after a 2.7% increase, making it the firm's fourth largest holding.
• Amazon's recent earnings report showed an EPS of $1.68, surpassing estimates and reflecting a 13.3% year-over-year revenue growth of $167.70 billion for the quarter.
• Analysts have been bullish on Amazon, with multiple upgrades in price targets, reflecting a consensus target price of $266.26 and a majority rating of "Buy."

Brown Lisle Cummings Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,707 shares of the e-commerce giant's stock after purchasing an additional 1,296 shares during the quarter. Amazon.com accounts for approximately 2.9% of Brown Lisle Cummings Inc.'s investment portfolio, making the stock its 4th largest holding. Brown Lisle Cummings Inc.'s holdings in Amazon.com were worth $10,905,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Carderock Capital Management Inc. purchased a new position in Amazon.com during the second quarter valued at approximately $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com during the first quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com during the first quarter valued at approximately $40,000. Capitol Family Office Inc. purchased a new position in Amazon.com during the first quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. raised its position in 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 acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $227.74 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The business's fifty day simple moving average is $225.90 and its 200-day simple moving average is $211.75. The firm has a market cap of $2.43 trillion, a PE ratio of 34.72, a price-to-earnings-growth ratio of 1.51 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 - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the subject of several recent research reports. Moffett Nathanson lifted their price target on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Royal Bank Of Canada boosted their price objective on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Westpark Capital restated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. HSBC boosted their price objective on Amazon.com from $256.00 to $260.00 and gave the company a "buy" rating in a research report on Monday, September 29th. Finally, Wedbush restated an "outperform" rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Three investment 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 MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $266.26.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction on 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 in the company, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction on 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 $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,040,098 shares of company stock worth $3,204,129,405. 9.70% of the stock is owned by corporate insiders.

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.

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