Oliver Lagore Vanvalin Investment Group acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,181 shares of the e-commerce giant's stock, valued at approximately $5,524,000. Amazon.com comprises 2.0% of Oliver Lagore Vanvalin Investment Group's investment portfolio, making the stock its 10th biggest holding.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Western Wealth Management LLC increased its position in shares of Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC grew its holdings in Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock valued at $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com during the first quarter valued at $514,000. McIlrath & Eck LLC grew its holdings in Amazon.com by 8.8% during the fourth quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant's stock valued at $4,058,000 after purchasing an additional 1,490 shares during the period. Finally, Harbor Investment Advisory LLC grew its holdings 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 period. 72.20% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Amazon.com
In related news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction 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 sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction 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 sale, the chief executive officer directly owned 518,007 shares of the company's stock, valued at $115,769,384.43. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,997,911 shares of company stock valued at $4,989,630,574 in the last ninety days. 9.70% of the stock is currently owned by corporate insiders.
Amazon.com Price Performance
NASDAQ:AMZN opened at $219.78 on Friday. The firm has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 33.50, a P/E/G ratio of 1.46 and a beta of 1.30. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock has a fifty day moving average of $227.44 and a 200 day moving average of $210.16. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.
Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $1.26 earnings per share. 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 fiscal year.
Analyst Ratings Changes
Several equities analysts have weighed in on AMZN shares. Piper Sandler increased their price objective on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Cowen reissued a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Monness Crespi & Hardt increased their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Moffett Nathanson increased their price objective on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Buy" and a consensus target price of $264.04.
View Our Latest Analysis on Amazon.com
Amazon.com Company Profile
(
Free Report)
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.
Featured Articles
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Amazon.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.
While Amazon.com currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
