Rep. Lisa C. McClain Buys Amazon.com, Inc. (NASDAQ:AMZN) Shares

Key Points

• Representative Lisa C. McClain purchased shares of Amazon.com, Inc. (NASDAQ:AMZN) worth between $1,001 and $15,000 on June 17th, 2023, as disclosed in a filing on August 13th.
• Amazon recently reported earnings of $1.68 EPS for the last quarter, exceeding analyst estimates and achieving a revenue of $167.70 billion, a year-over-year increase of 13.3%.
• Equity analysts have increased their target price for Amazon, with several firms projecting a target range between $262.00 and $280.00 and maintaining a consensus rating of "Buy."

Representative Lisa C. McClain (R-Michigan) recently bought shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amazon.com stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Amazon.com Stock Up 0.1%

NASDAQ:AMZN traded up $0.1920 during mid-day trading on Monday, hitting $229.0320. The company had a trading volume of 8,125,804 shares, compared to its average volume of 44,319,594. The business has a fifty day simple moving average of $222.63 and a 200-day simple moving average of $207.85. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.93, a PEG ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company posted $1.26 earnings per share. The firm's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 25,012,284 shares of company stock valued at $5,656,976,492 in the last three months. Insiders own 10.80% of the company's stock.

Hedge Funds Weigh In On Amazon.com

A number of hedge funds have recently bought and sold shares of the company. Hilltop Partners LLC grew its stake in Amazon.com by 14.0% in the second quarter. Hilltop Partners LLC now owns 15,507 shares of the e-commerce giant's stock worth $3,402,000 after purchasing an additional 1,899 shares in the last quarter. Fulcrum Equity Management grew its stake in Amazon.com by 11.0% in the second quarter. Fulcrum Equity Management now owns 3,907 shares of the e-commerce giant's stock worth $857,000 after purchasing an additional 388 shares in the last quarter. BLVD Private Wealth LLC acquired a new position in Amazon.com in the second quarter worth about $930,000. Carter Financial Group INC. acquired a new position in Amazon.com in the second quarter worth about $1,993,000. Finally, TT Capital Management LLC grew its stake in Amazon.com by 3.1% in the second quarter. TT Capital Management LLC now owns 4,400 shares of the e-commerce giant's stock worth $966,000 after purchasing an additional 134 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AMZN. HSBC raised their target price on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Truist Financial raised their target price on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Evercore ISI restated an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Stifel Nicolaus raised their target price on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $262.87.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.