Amazon.com, Inc. $AMZN Shares Bought by LaSalle St. Investment Advisors LLC

Key Points

• LaSalle St. Investment Advisors LLC increased its stake in Amazon.com by 11.2%, acquiring an additional 3,467 shares, bringing its total to 34,309 shares valued at approximately $6.53 million.
• Amazon.com reported $1.68 EPS, exceeding analysts' expectations of $1.31, with a revenue of $167.70 billion for the quarter, up by 13.3% year-over-year.
• The stock's current price target averages $262.87, with 2 analysts giving a Strong Buy rating and 46 analysts providing a Buy rating.

LaSalle St. Investment Advisors LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,309 shares of the e-commerce giant's stock after buying an additional 3,467 shares during the quarter. Amazon.com accounts for about 1.5% of LaSalle St. Investment Advisors LLC's portfolio, making the stock its 13th largest holding. LaSalle St. Investment Advisors LLC's holdings in Amazon.com were worth $6,527,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Cooksen Wealth LLC acquired a new position in Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com in the first quarter worth about $42,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Amazon.com during the first quarter worth about $59,000. Finally, von Borstel & Associates Inc. purchased a new stake in Amazon.com during the 1st quarter valued at about $66,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Down 1.4%

AMZN stock traded down $3.35 during mid-day trading on Friday, hitting $232.33. 36,684,807 shares of the company were exchanged, compared to its average volume of 32,905,296. 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 firm has a market capitalization of $2.48 trillion, a P/E ratio of 35.42, a PEG ratio of 1.56 and a beta of 1.30. The business has a fifty day simple moving average of $225.74 and a 200-day simple moving average of $208.00. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

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 the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the transaction, the chief executive officer directly owned 518,007 shares of the company's stock, valued at approximately $115,769,384.43. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate insiders own 9.70% of the company's stock.

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their target price on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Cowen restated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Oppenheimer dropped their target price on Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a report on Friday, August 1st. Royal Bank Of Canada upped their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average 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.