LexAurum Advisors LLC Acquires 2,022 Shares of Amazon.com, Inc. $AMZN

Key Points

• LexAurum Advisors LLC has increased its stake in Amazon.com, Inc. by 8.2%, acquiring an additional 2,022 shares, bringing its total holdings to 26,631 shares valued at approximately $5.84 million.
• Numerous institutional investors have also increased their positions in Amazon, indicating strong interest in the company, with overall institutional ownership now at 72.20%.
• Amazon's CFO and SVP have both sold significant amounts of their shares recently, with the CFO reducing their position by 26.59% and the SVP by 23.53%, amidst a broader trend of insider selling totaling over 10.86 million shares in the last 90 days.

LexAurum Advisors LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,631 shares of the e-commerce giant's stock after buying an additional 2,022 shares during the period. Amazon.com comprises 0.9% of LexAurum Advisors LLC's holdings, making the stock its 27th largest position. LexAurum Advisors LLC's holdings in Amazon.com were worth $5,843,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Janney Capital Management LLC increased its position in shares of Amazon.com by 8.1% in the 2nd quarter. Janney Capital Management LLC now owns 58,766 shares of the e-commerce giant's stock valued at $12,893,000 after buying an additional 4,416 shares in the last quarter. Kavar Capital Partners Group LLC increased its position in shares of Amazon.com by 8.2% in the 2nd quarter. Kavar Capital Partners Group LLC now owns 36,037 shares of the e-commerce giant's stock valued at $7,906,000 after buying an additional 2,733 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Amazon.com by 2.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 2,603,361 shares of the e-commerce giant's stock valued at $571,151,000 after buying an additional 66,950 shares in the last quarter. Smith Anglin Financial LLC increased its position in shares of Amazon.com by 1.6% in the 2nd quarter. Smith Anglin Financial LLC now owns 45,170 shares of the e-commerce giant's stock valued at $9,910,000 after buying an additional 727 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas increased its position in shares of Amazon.com by 11.8% in the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 158,445 shares of the e-commerce giant's stock valued at $34,761,000 after buying an additional 16,691 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were 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 in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company's stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. Corporate insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on AMZN shares. Bank of America upped their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Wells Fargo & Company upgraded Amazon.com from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $245.00 to $280.00 in a report on Wednesday, September 24th. Cantor Fitzgerald increased their target price on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Weiss Ratings reiterated a "buy (b-)" rating on shares of Amazon.com in a report on Wednesday, October 8th. Finally, BMO Capital Markets increased their target price on Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $266.26.

Amazon.com Trading Up 1.7%

Amazon.com stock opened at $220.07 on Tuesday. The firm has a 50-day moving average of $226.10 and a 200-day moving average of $212.16. Amazon.com, Inc. has a one year low of $161.38 and a one 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 company has a market cap of $2.35 trillion, a price-to-earnings ratio of 33.55, a P/E/G ratio of 1.43 and a beta of 1.28.

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