Hendershot Investments Inc. Buys 1,799 Shares of Amazon.com, Inc. $AMZN

Key Points

• Hendershot Investments Inc. increased its stake in Amazon.com by 2.6%, acquiring an additional 1,799 shares, bringing its total holdings to 71,830 shares valued at approximately $13.67 million.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon for about $960.67 million, reducing his ownership by 0.47% as of July 11th.
• Equities analysts maintain a generally positive outlook on Amazon.com, with an average price target of $262.87, supported by ratings of "Buy" or higher from several investment firms.

Hendershot Investments Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,830 shares of the e-commerce giant's stock after acquiring an additional 1,799 shares during the quarter. Amazon.com accounts for about 1.9% of Hendershot Investments Inc.'s holdings, making the stock its 17th largest position. Hendershot Investments Inc.'s holdings in Amazon.com were worth $13,666,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Talisman Wealth Advisors LLC boosted its holdings in Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after purchasing an additional 53 shares during the period. SWAN Capital LLC boosted its holdings in Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after purchasing an additional 55 shares during the period. Lokken Investment Group LLC boosted its holdings in Amazon.com by 1.5% in the 4th quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock valued at $848,000 after purchasing an additional 56 shares during the period. CWC Advisors LLC. boosted its holdings in Amazon.com by 3.1% in the 4th quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after purchasing an additional 56 shares during the period. Finally, JBGlobal.com LLC boosted its holdings in Amazon.com by 2.1% in the 1st quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock valued at $508,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. Company insiders own 10.80% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. Citizens Jmp initiated coverage on shares of Amazon.com in a report on Thursday, July 10th. They issued a "strong-buy" rating for the company. Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Monness Crespi & Hardt raised their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Canaccord Genuity Group reaffirmed a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, Rosenblatt Securities upped their target price on shares of Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $262.87.

Amazon.com Price Performance

AMZN stock traded down $0.2130 during trading on Monday, hitting $228.6270. 12,699,290 shares of the stock traded hands, compared to its average volume of 44,351,199. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The stock has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.84, a P/E/G ratio of 1.54 and a beta of 1.31. The company has a 50 day simple moving average of $222.63 and a 200 day simple moving average of $207.85. The company has a current ratio of 1.02, a quick ratio of 0.81 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 earnings per share (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 firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the firm posted $1.26 EPS. The firm'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 expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.