Tufton Capital Management Raises Holdings in Amazon.com, Inc. $AMZN

Tufton Capital Management raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,327 shares of the e-commerce giant’s stock after acquiring an additional 539 shares during the period. Amazon.com comprises approximately 2.4% of Tufton Capital Management’s holdings, making the stock its 7th largest holding. Tufton Capital Management’s holdings in Amazon.com were worth $12,619,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Talisman Wealth Advisors LLC raised its position in shares of Amazon.com by 1.2% during 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 during the last quarter. SWAN Capital LLC increased its position in Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after purchasing an additional 55 shares during the period. Hamel Associates Inc. increased its position in Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock worth $780,000 after purchasing an additional 55 shares during the period. Lokken Investment Group LLC raised its holdings in Amazon.com by 1.5% during the 4th quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant’s stock worth $848,000 after purchasing an additional 56 shares during the last quarter. Finally, CWC Advisors LLC. lifted its position in Amazon.com by 3.1% during the 4th 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 during the period. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Oppenheimer reduced their target price on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research note on Friday, August 1st. Tigress Financial increased their price objective on shares of Amazon.com from $290.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, May 6th. Jefferies Financial Group lifted their target price on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Wedbush increased their price target on Amazon.com from $235.00 to $250.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Two research 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $262.87.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,643,142 shares of Amazon.com stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $230.43, for a total value of $609,059,211.06. Following the sale, the insider owned 883,779,901 shares of the company’s stock, valued at $203,649,402,587.43. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the business’s stock in a transaction that occurred 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 owned 510,255 shares in the company, valued at $118,542,441.60. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. 9.70% of the stock is currently owned by company insiders.

Amazon.com Stock Up 3.1%

Shares of Amazon.com stock opened at $228.84 on Friday. The company has a market capitalization of $2.44 trillion, a P/E ratio of 34.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. 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 business has a 50-day moving average of $222.63 and a two-hundred day moving average of $208.07. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous year, the business posted $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. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.