Leibman Financial Services Inc. Has $4.20 Million Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Leibman Financial Services Inc. increased its holdings in Amazon.com by 61.7% in Q2, reaching a total value of $4.20 million and making it the fund's 6th largest position.
• Analysts have a consensus rating of "Buy" for Amazon, with price targets ranging from $263.30 to $285.00, indicating positive sentiment towards the company's stock.
• Recent insider transactions showed CEO Douglas J. Herrington selling 2,500 shares, while insiders have collectively sold over 25 million shares in the past 90 days, reflecting significant insider activity.

Leibman Financial Services Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 61.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,156 shares of the e-commerce giant's stock after buying an additional 7,309 shares during the quarter. Amazon.com accounts for 3.2% of Leibman Financial Services Inc.'s portfolio, making the stock its 6th largest position. Leibman Financial Services Inc.'s holdings in Amazon.com were worth $4,203,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AMZN. Brighton Jones LLC grew its holdings in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after buying an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG lifted its position in Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after purchasing an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its position in Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new position in Amazon.com in the fourth quarter worth approximately $2,153,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AMZN shares. BNP Paribas upgraded shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Westpark Capital reissued a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. JMP Securities reissued a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Evercore ISI reaffirmed an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $263.30.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the transaction, the chief executive officer owned 518,007 shares of the company's stock, valued at $115,769,384.43. The trade was a 0.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is owned by corporate insiders.

Amazon.com Trading Down 1.7%

Shares of AMZN opened at $227.63 on Tuesday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.70, a PEG ratio of 1.55 and a beta of 1.31. The company has a 50-day moving average of $227.85 and a 200 day moving average of $209.69.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 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 business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the previous year, the business posted $1.26 EPS. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.

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