Amazon.com, Inc. $AMZN is Shoker Investment Counsel Inc.’s 10th Largest Position

Shoker Investment Counsel Inc. grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,037 shares of the e-commerce giant’s stock after buying an additional 451 shares during the quarter. Amazon.com accounts for about 1.8% of Shoker Investment Counsel Inc.’s investment portfolio, making the stock its 10th largest holding. Shoker Investment Counsel Inc.’s holdings in Amazon.com were worth $5,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Prudent Man Investment Management Inc. purchased a new position in shares of Amazon.com during the 4th quarter valued at approximately $27,000. LSV Asset Management purchased a new position in shares of Amazon.com during the 4th quarter valued at approximately $35,000. Perritt Capital Management Inc boosted its stake in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 80 shares during the last quarter. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at approximately $36,000. Finally, Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at approximately $40,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AMZN shares. Jefferies Financial Group increased their target price on Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Stifel Nicolaus upped their price target on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Deutsche Bank Aktiengesellschaft upped their price target on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Finally, Barclays upped their price target on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average price target of $262.87.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $228.71 on Wednesday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year 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 business’s fifty day moving average price is $223.15 and its two-hundred day moving average price is $207.99. The firm has a market capitalization of $2.44 trillion, a PE ratio of 34.86, a P/E/G ratio of 1.53 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 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 company earned $1.26 earnings per share. The firm’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, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock valued at $5,675,986,299 over the last three months. 10.80% of the stock is currently owned by company insiders.

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.