Dagco Inc. Purchases 965 Shares of Amazon.com, Inc. $AMZN

Dagco Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,739 shares of the e-commerce giant’s stock after buying an additional 965 shares during the quarter. Dagco Inc.’s holdings in Amazon.com were worth $1,282,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $42,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $59,000. Finally, von Borstel & Associates Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $66,000. Institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. 10.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on AMZN. Stifel Nicolaus lifted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. BMO Capital Markets lifted their price target on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Barclays lifted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, Jefferies Financial Group lifted their price objective on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $262.87.

Amazon.com Stock Up 1.0%

AMZN opened at $238.24 on Wednesday. The company has a fifty day moving average price of $226.43 and a 200-day moving average price of $208.24. The firm has a market capitalization of $2.54 trillion, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

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, beating analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during 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%. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.