Amazon.com, Inc. $AMZN Shares Bought by Evermay Wealth Management LLC

Key Points

• Evermay Wealth Management LLC increased its stake in Amazon.com by 39.5%, holding 61,108 shares worth approximately $11.6 million, making it the firm's 10th largest holding.
• Recent research reports show mixed ratings for Amazon, with Zacks Research downgrading the stock to a "hold" while other firms set target prices between $245 and $305.
• Amazon reported a net margin of 10.54% and quarterly revenue of $167.70 billion, exceeding analyst expectations and reflecting a 13.3% increase year-over-year.

Evermay Wealth Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 39.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 61,108 shares of the e-commerce giant's stock after buying an additional 17,309 shares during the quarter. Amazon.com comprises about 1.5% of Evermay Wealth Management LLC's investment portfolio, making the stock its 10th biggest position. Evermay Wealth Management LLC's holdings in Amazon.com were worth $11,626,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the fourth quarter valued at about $25,000. Prudent Man Investment Management Inc. purchased a new position in Amazon.com in the fourth quarter valued at about $27,000. LSV Asset Management purchased a new position in Amazon.com in the fourth quarter valued at about $35,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the first quarter valued at about $36,000. Finally, Inlight Wealth Management LLC purchased a new position in Amazon.com in the first quarter valued at about $40,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Down 1.1%

Shares of NASDAQ AMZN traded down $2.60 during midday trading on Monday, reaching $229.00. 26,167,914 shares of the company's stock were exchanged, compared to its average volume of 37,773,448. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.44 trillion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The business's fifty day moving average price is $224.66 and its two-hundred day moving average price is $207.80.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,095,411 shares of company stock valued at $5,675,473,849 over the last 90 days. Corporate insiders own 10.80% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on AMZN. JPMorgan Chase & Co. raised their price objective on Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft raised their price objective on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. JMP Securities reissued a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Finally, Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $262.87.

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.