Amazon.com, Inc. $AMZN Shares Purchased by Chicago Capital LLC

Key Points

• Chicago Capital LLC increased its stake in Amazon.com by 4.2% during the second quarter, owning a total of 730,081 shares valued at $160.17 million.
• Amazon's recent earnings report showed an EPS of $1.68, exceeded expectations, with quarterly revenue rising by 13.3% year-over-year to $167.70 billion.
• Insider selling activity was notable, with Jeffrey P. Bezos selling over 4.27 million shares, while insights from analysts reflect general confidence with a consensus "Buy" rating and a price target around $266.26.

Chicago Capital LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 730,081 shares of the e-commerce giant's stock after purchasing an additional 29,699 shares during the quarter. Amazon.com accounts for 4.0% of Chicago Capital LLC's portfolio, making the stock its 2nd largest position. Chicago Capital LLC's holdings in Amazon.com were worth $160,172,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Western Wealth Management LLC boosted its position in shares of Amazon.com by 0.9% during 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 in the last quarter. Flaharty Asset Management LLC raised its holdings in shares of Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock worth $968,000 after purchasing an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com during the first quarter valued at approximately $514,000. Border to Coast Pensions Partnership Ltd boosted its holdings in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant's stock worth $249,295,000 after buying an additional 63,924 shares in the last quarter. Finally, Formidable Asset Management LLC grew its position in Amazon.com by 2.6% in the first quarter. Formidable Asset Management LLC now owns 35,136 shares of the e-commerce giant's stock worth $6,685,000 after buying an additional 889 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 1.7%

AMZN stock opened at $216.39 on Wednesday. The company has a 50 day moving average of $226.16 and a two-hundred day moving average of $212.19. The company has a market cap of $2.31 trillion, a price-to-earnings ratio of 32.99, a PEG ratio of 1.46 and a beta of 1.28. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. 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 posted 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 net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the previous year, the company posted $1.26 EPS. Amazon.com's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the transaction, the insider owned 890,273,469 shares of the company's stock, valued at approximately $202,777,588,034.13. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. Insiders own 10.80% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on AMZN. JMP Securities reiterated a "market outperform" rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Canaccord Genuity Group reaffirmed a "buy" rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Evercore ISI reiterated an "outperform" rating and issued a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, BMO Capital Markets boosted their price objective on Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Three research 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, Amazon.com has a consensus 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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