Owen LaRue LLC Has $2.41 Million Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Owen LaRue LLC has reduced its stake in Amazon.com, Inc. by 12.7% in the second quarter, now holding 10,996 shares valued at approximately $2.41 million.
• Amazon.com reported earnings of $1.68 EPS, exceeding analysts' estimates, with revenue reaching $167.70 billion, up 13.3% year-over-year.
• Institutional investors control 72.2% of Amazon.com's stock, with several large investors recently increasing their holdings in the company.

Owen LaRue LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,996 shares of the e-commerce giant's stock after selling 1,598 shares during the period. Amazon.com accounts for about 1.0% of Owen LaRue LLC's investment portfolio, making the stock its 27th biggest holding. Owen LaRue LLC's holdings in Amazon.com were worth $2,412,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMZN. Brighton Jones LLC boosted its position in 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 purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Amazon.com by 4.1% in 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 buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its stake in Amazon.com by 2.8% in 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 buying an additional 54,987 shares during the period. Highview Capital Management LLC DE raised its stake in Amazon.com by 5.5% in 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 buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new stake in Amazon.com in the fourth quarter valued at approximately $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Amazon.com stock opened at $221.78 on Wednesday. The stock's fifty day moving average price is $226.13 and its two-hundred day moving average price is $211.48. 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 firm has a market cap of $2.37 trillion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 1.48 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 return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the company earned $1.26 EPS. The company's revenue 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 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the completion of the sale, the insider directly owned 890,273,469 shares in the company, valued at $202,777,588,034.13. This represents a 0.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $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 18,313,335 shares of company stock worth $4,164,795,815 over the last 90 days. Corporate insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

AMZN has been the topic of several research analyst reports. HSBC upped their price objective on Amazon.com from $256.00 to $260.00 and gave the company a "buy" rating in a research note on Monday, September 29th. Barclays upped their price objective on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Evercore ISI reiterated an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Truist Financial increased their target price on Amazon.com from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Tuesday, September 16th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $266.26.

About Amazon.com

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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