Harbour Investments Inc. Has $23.91 Million Stock Holdings in Amazon.com, Inc. $AMZN

Harbour Investments Inc. lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 125,690 shares of the e-commerce giant’s stock after selling 192 shares during the quarter. Amazon.com makes up approximately 0.7% of Harbour Investments Inc.’s holdings, making the stock its 26th biggest holding. Harbour Investments Inc.’s holdings in Amazon.com were worth $23,914,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LSV Asset Management acquired a new stake in shares of Amazon.com in the 4th quarter valued at $35,000. Cooksen Wealth LLC bought a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $42,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in Amazon.com in the first quarter valued at approximately $59,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

NASDAQ AMZN opened at $229.00 on Monday. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average price is $224.25 and its two-hundred day moving average price is $207.79. 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, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the sale, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 25,095,411 shares of company stock worth $5,675,473,849. 10.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of recent analyst reports. Moffett Nathanson upped their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. Stifel Nicolaus boosted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. BNP Paribas raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Cowen reiterated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Finally, Rosenblatt Securities boosted their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating 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 given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price 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.