Edgemoor Investment Advisors Inc. Has $34.63 Million Stock Position in Amazon.com, Inc. $AMZN

Key Points

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Edgemoor Investment Advisors Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 182,005 shares of the e-commerce giant's stock after buying an additional 1,142 shares during the period. Amazon.com comprises about 3.2% of Edgemoor Investment Advisors Inc.'s portfolio, making the stock its 7th biggest position. Edgemoor Investment Advisors Inc.'s holdings in Amazon.com were worth $34,628,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $27,000. LSV Asset Management purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $35,000. Perritt Capital Management Inc increased its stake in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after buying an additional 80 shares during the period. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the first quarter worth approximately $40,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the transaction, the chief executive officer owned 510,255 shares in the company, valued at approximately $118,542,441.60. The trade was a 0.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the company's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total value of $609,059,211.06. Following the completion of the transaction, the insider owned 883,779,901 shares of the company's stock, valued at approximately $203,649,402,587.43. This represents a 0.30% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. Corporate insiders own 9.70% of the company's stock.

Amazon.com Price Performance

Amazon.com stock traded down $2.2180 during midday trading on Thursday, reaching $221.5920. The company's stock had a trading volume of 20,074,784 shares, compared to its average volume of 44,516,859. The firm has a market capitalization of $2.36 trillion, a PE ratio of 33.77, a P/E/G ratio of 1.54 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock's 50 day simple moving average is $222.12 and its 200 day simple moving average is $208.46.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. The business'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 research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AMZN shares. Truist Financial upped their target price on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Benchmark restated a "buy" rating and set a $260.00 price objective on shares of Amazon.com in a research report on Friday, May 2nd. Monness Crespi & Hardt upped their target price on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Piper Sandler upped their target price on shares of Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Wedbush upped their target price on shares of Amazon.com from $235.00 to $250.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of "Buy" and a consensus price target of $262.87.

About Amazon.com

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.