Schmidt P J Investment Management Inc. Buys 338 Shares of Amazon.com, Inc. $AMZN

Schmidt P J Investment Management Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,563 shares of the e-commerce giant’s stock after acquiring an additional 338 shares during the quarter. Amazon.com comprises approximately 2.6% of Schmidt P J Investment Management Inc.’s portfolio, making the stock its 9th largest holding. Schmidt P J Investment Management Inc.’s holdings in Amazon.com were worth $14,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bare Financial Services Inc lifted its holdings in shares of Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after purchasing an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC lifted its stake in shares of Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock valued at $1,020,000 after buying an additional 53 shares during the period. SWAN Capital LLC lifted its stake in shares of Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock valued at $396,000 after buying an additional 55 shares during the period. Hamel Associates Inc. lifted its stake in shares of Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after buying an additional 55 shares during the period. Finally, Clifford Group LLC lifted its stake in shares of Amazon.com by 0.4% during the first quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant’s stock valued at $2,589,000 after buying an additional 55 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Westpark Capital reissued a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research note on Tuesday, July 8th. JMP Securities reissued a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research note 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com Price Performance

Amazon.com stock opened at $228.15 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 fifty day moving average of $226.87 and a 200-day moving average of $208.58. The firm has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the business earned $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other 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. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. 9.70% of the stock is currently owned by corporate 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.