Little House Capital LLC Grows Stake in Amazon.com, Inc. $AMZN

Key Points

• Little House Capital LLC increased its holdings in Amazon.com, Inc. by 6.8%, acquiring an additional 4,109 shares during the second quarter, bringing its total to 64,376 shares valued at approximately $14.1 million.
• Amazon.com reported $167.70 billion in revenue for the quarter, significantly surpassing analyst expectations, with earnings per share of $1.68 against a consensus estimate of $1.31.
• Institutional investors own 72.20% of Amazon's stock, and most analysts maintain a "buy" rating, with the average price target set at $263.30.

Little House Capital LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 64,376 shares of the e-commerce giant's stock after purchasing an additional 4,109 shares during the quarter. Amazon.com accounts for 3.5% of Little House Capital LLC's portfolio, making the stock its 4th largest position. Little House Capital LLC's holdings in Amazon.com were worth $14,123,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMZN. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com during the fourth quarter valued at $25,000. Cooksen Wealth LLC acquired a new stake in Amazon.com during the first quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com during the first quarter valued at $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com during the first quarter valued at $42,000. Finally, Harbor Investment Advisory LLC boosted its position in Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after purchasing an additional 2,145 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AMZN. Needham & Company LLC reissued a "buy" rating and set a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Morgan Stanley reaffirmed an "overweight" rating on shares of Amazon.com in a research report on Wednesday, September 10th. JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Robert W. Baird boosted their price target on Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Finally, Wedbush reaffirmed an "outperform" rating and issued a $250.00 price target on shares of Amazon.com in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $263.30.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last three months. Insiders own 10.80% of the company's stock.

Amazon.com Trading Down 2.5%

Shares of AMZN traded down $5.71 during trading hours on Tuesday, reaching $221.92. The stock had a trading volume of 39,698,960 shares, compared to its average volume of 43,942,461. The firm has a 50-day moving average of $227.85 and a 200 day moving average of $209.69. The company has a market cap of $2.37 trillion, a P/E ratio of 33.82, a P/E/G ratio of 1.55 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its 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. The firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share 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.