Guardian Investment Management Raises Position in Amazon.com, Inc. $AMZN

Key Points

• Guardian Investment Management increased its stake in Amazon.com by 41.7% in Q2, owning a total of 7,897 shares valued at approximately $1.73 million.
• Several institutional investors, including Maryland Capital Advisors Inc., have also purchased new stakes in Amazon during recent quarters, indicating a strong interest among hedge funds.
• Analysts have a generally positive outlook on Amazon, with an average rating of "Buy" and a price target around $266.26, despite the stock recently trading down 5.0%.

Guardian Investment Management raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 41.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,897 shares of the e-commerce giant's stock after buying an additional 2,325 shares during the period. Amazon.com makes up approximately 1.7% of Guardian Investment Management's portfolio, making the stock its 15th largest position. Guardian Investment Management's holdings in Amazon.com were worth $1,733,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the 1st quarter worth $42,000. Finally, Maryland Capital Advisors Inc. lifted its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock worth $46,000 after purchasing an additional 95 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Monness Crespi & Hardt lifted their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Citizens Jmp assumed coverage on shares of Amazon.com in a research note on Thursday, July 10th. They set a "strong-buy" rating on the stock. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the stock a "buy" rating in a research note on Tuesday, July 8th. JMP Securities reiterated a "market outperform" rating and set a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $266.26.

Insider Activity

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares of the company's stock, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,040,098 shares of company stock valued at $3,204,129,405 in the last quarter. Insiders own 9.70% of the company's stock.

Amazon.com Trading Down 5.0%

Shares of Amazon.com stock opened at $216.37 on Friday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week 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. The company's 50-day simple moving average is $225.94 and its 200-day simple moving average is $211.82. The firm has a market cap of $2.31 trillion, a price-to-earnings ratio of 32.98, a price-to-earnings-growth ratio of 1.51 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analyst estimates of $161.80 billion. During the same period in the previous year, the business posted $1.26 earnings per share. The business's 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, equities research analysts anticipate 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.

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