NTV Asset Management LLC Buys 1,665 Shares of Amazon.com, Inc. $AMZN

Key Points

• NTV Asset Management LLC increased its stake in Amazon.com, Inc. by 5.3%, acquiring an additional 1,665 shares, bringing its total holdings to 33,072 shares valued at $7,256,000.
• Amazon.com stock volatility reflects varied analyst ratings, with target prices ranging from $245.00 to $285.00 and a consensus rating of Buy.
• CEO Andrew R. Jassy recently sold 19,872 shares for over $4.4 million, whereas insider Jeffrey P. Bezos sold over 2.6 million shares valued at more than $609 million, indicating significant insider trading activity.

NTV Asset Management LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,072 shares of the e-commerce giant's stock after acquiring an additional 1,665 shares during the quarter. Amazon.com comprises 0.9% of NTV Asset Management LLC's holdings, making the stock its 27th largest position. NTV Asset Management LLC's holdings in Amazon.com were worth $7,256,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Carderock Capital Management Inc. bought a new position in Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the 1st quarter worth approximately $40,000. Maryland Capital Advisors Inc. grew its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock worth $46,000 after purchasing an additional 95 shares in the last quarter. Finally, Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the 1st quarter worth approximately $42,000. 72.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AMZN has been the topic of a number of analyst reports. Oppenheimer decreased their target price on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. JMP Securities restated a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Finally, JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $266.26.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction 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 sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the business's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total value of $609,059,211.06. Following the sale, the insider owned 883,779,901 shares in the company, valued at $203,649,402,587.43. This represents a 0.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,252,009 shares of company stock worth $976,047,640 in the last ninety days. Insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $216.48 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.31 trillion, a price-to-earnings ratio of 33.00, a P/E/G ratio of 1.41 and a beta of 1.28. The firm's 50 day simple moving average is $225.56 and its 200 day simple moving average is $213.20. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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. 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business posted $1.26 EPS. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research 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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