LCM Capital Management Inc Acquires 439 Shares of Amazon.com, Inc. $AMZN

LCM Capital Management Inc raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,815 shares of the e-commerce giant’s stock after buying an additional 439 shares during the period. Amazon.com accounts for about 2.0% of LCM Capital Management Inc’s portfolio, making the stock its 9th largest holding. LCM Capital Management Inc’s holdings in Amazon.com were worth $3,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the 4th quarter valued at $25,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com in the 1st quarter valued at about $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com in the 1st quarter valued at about $42,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 2,145 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Price Performance

NASDAQ:AMZN opened at $232.33 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. The firm’s 50-day simple moving average is $225.74 and its 200 day simple moving average is $208.13. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business 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 earnings per share. Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current 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 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on AMZN. Scotiabank lifted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 22nd. Pivotal Research lifted their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Cowen reissued a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. BMO Capital Markets lifted their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Buy” and an average price target 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.