Flaharty Asset Management LLC Grows Stock Position in Amazon.com, Inc. $AMZN

Flaharty Asset Management LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 87.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,088 shares of the e-commerce giant’s stock after buying an additional 2,377 shares during the period. Flaharty Asset Management LLC’s holdings in Amazon.com were worth $968,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AMZN shares. Piper Sandler raised their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. UBS Group reissued a “buy” rating and set a $271.00 price target (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. BMO Capital Markets lifted their price target on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, Canaccord Genuity Group restated a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $262.87.

Insiders Place Their Bets

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 over the last quarter. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $228.15 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $226.87 and its two-hundred day moving average is $208.58. The company has a market cap of $2.43 trillion, a P/E ratio of 34.78, a P/E/G ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS 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 the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’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 posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts expect 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.