Notis McConarty Edward Has $5.71 Million Position in Amazon.com, Inc. $AMZN

Notis McConarty Edward raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,997 shares of the e-commerce giant’s stock after acquiring an additional 212 shares during the quarter. Amazon.com makes up about 2.9% of Notis McConarty Edward’s investment portfolio, making the stock its 12th largest holding. Notis McConarty Edward’s holdings in Amazon.com were worth $5,707,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth about $25,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com during the 4th quarter worth about $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the 4th quarter worth about $35,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth about $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth about $40,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $221.95 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The firm has a market cap of $2.37 trillion, a P/E ratio of 33.83, a P/E/G ratio of 1.51 and a beta of 1.31. The company’s 50-day moving average price is $222.30 and its two-hundred day moving average price is $208.35.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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 net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the firm earned $1.26 EPS. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts anticipate 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 the firm’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. 9.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AMZN shares. Susquehanna raised their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. Rosenblatt Securities lifted their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Wells Fargo & Company lifted their price objective on shares of Amazon.com from $238.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Pivotal Research lifted their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com 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.