Verde Capital Management Increases Stock Position in Amazon.com, Inc. $AMZN

Verde Capital Management lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,699 shares of the e-commerce giant’s stock after buying an additional 1,012 shares during the period. Amazon.com comprises 0.9% of Verde Capital Management’s holdings, making the stock its 21st largest holding. Verde Capital Management’s holdings in Amazon.com were worth $3,664,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AMZN. Brighton Jones LLC lifted its position in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG lifted its stake in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its position in Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com during the fourth quarter valued at $2,153,000. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on AMZN shares. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Stifel Nicolaus upped their price objective on shares of Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Westpark Capital reaffirmed a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, Cantor Fitzgerald upped their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $263.30.

Insider Activity

In other news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares of the company’s stock, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 over the last 90 days. Company insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN opened at $231.23 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm’s 50 day moving average price is $227.68 and its 200 day moving average price is $209.23. The company has a market cap of $2.47 trillion, a P/E ratio of 35.25, a PEG ratio of 1.55 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 announced its earnings results 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the firm earned $1.26 EPS. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts forecast 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.