Kelman Lazarov Inc. Boosts Stake in Amazon.com, Inc. $AMZN

Kelman Lazarov Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 19.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 3,159 shares of the e-commerce giant’s stock after purchasing an additional 514 shares during the period. Kelman Lazarov Inc.’s holdings in Amazon.com were worth $601,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Morling Financial Advisors LLC lifted its stake in Amazon.com by 30.0% during the first quarter. Morling Financial Advisors LLC now owns 11,277 shares of the e-commerce giant’s stock worth $2,146,000 after purchasing an additional 2,601 shares in the last quarter. Jackson Hole Capital Partners LLC grew its stake in shares of Amazon.com by 6.5% in the first quarter. Jackson Hole Capital Partners LLC now owns 43,566 shares of the e-commerce giant’s stock valued at $8,289,000 after buying an additional 2,651 shares in the last quarter. Hamel Associates Inc. raised its holdings in shares of Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after buying an additional 55 shares during the period. Principle Wealth Partners LLC lifted its stake in Amazon.com by 0.9% during the 1st quarter. Principle Wealth Partners LLC now owns 152,084 shares of the e-commerce giant’s stock worth $28,936,000 after acquiring an additional 1,301 shares in the last quarter. Finally, Davis Rea LTD. lifted its stake in Amazon.com by 53.1% during the 1st quarter. Davis Rea LTD. now owns 116,085 shares of the e-commerce giant’s stock worth $22,086,000 after acquiring an additional 40,279 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on 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 in the company, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 25,012,284 shares of company stock valued at $5,656,976,492 over the last three months. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $228.84 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month 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 capitalization of $2.44 trillion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The business’s fifty day moving average price is $222.63 and its 200 day moving average price is $208.07.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (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 company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the business earned $1.26 EPS. Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AMZN shares. JPMorgan Chase & Co. lifted their target price on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Pivotal Research raised their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Robert W. Baird lifted their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. BNP Paribas Exane upgraded shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price on the stock in a report on Friday, June 27th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $262.87.

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.