Hazlett Burt & Watson Inc. Raises Stock Position in Amazon.com, Inc. $AMZN

Hazlett Burt & Watson Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,529 shares of the e-commerce giant’s stock after purchasing an additional 339 shares during the period. Amazon.com accounts for approximately 2.6% of Hazlett Burt & Watson Inc.’s holdings, making the stock its 5th biggest position. Hazlett Burt & Watson Inc.’s holdings in Amazon.com were worth $5,807,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Talisman Wealth Advisors LLC increased its position in shares of Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after acquiring an additional 53 shares in the last quarter. SWAN Capital LLC grew its position in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock valued at $396,000 after purchasing an additional 55 shares in the last quarter. Lokken Investment Group LLC grew its position in Amazon.com by 1.5% during the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant’s stock valued at $848,000 after purchasing an additional 56 shares in the last quarter. CWC Advisors LLC. grew its position in Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant’s stock valued at $411,000 after purchasing an additional 56 shares in the last quarter. Finally, JBGlobal.com LLC grew its position in Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant’s stock valued at $508,000 after purchasing an additional 56 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 4,784 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the completion of the sale, the chief executive officer directly owned 510,255 shares in the company, valued at approximately $118,542,441.60. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 transaction of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares of the company’s stock, valued at $203,649,402,587.43. The trade was a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,025,854 shares of company stock valued at $5,659,723,195 over the last 90 days. 10.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMZN shares. Truist Financial boosted their price objective on shares of Amazon.com from $226.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Wells Fargo & Company boosted their price objective on shares of Amazon.com from $238.00 to $245.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. boosted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Cantor Fitzgerald boosted their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $262.87.

Amazon.com Price Performance

NASDAQ AMZN opened at $228.01 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.43 trillion, a PE ratio of 34.76, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. The company has a 50 day moving average price of $221.91 and a two-hundred day moving average price of $208.35. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the previous year, the company earned $1.26 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.