Baker Ellis Asset Management LLC Boosts Stake in Amazon.com, Inc. $AMZN

Baker Ellis Asset Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,539 shares of the e-commerce giant’s stock after acquiring an additional 205 shares during the period. Baker Ellis Asset Management LLC’s holdings in Amazon.com were worth $4,067,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in AMZN. Western Wealth Management LLC grew its stake in shares of Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after acquiring an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC raised its holdings in Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after purchasing an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Amazon.com during the first quarter worth approximately $514,000. Bearing Point Capital LLC acquired a new position in Amazon.com in the fourth quarter worth approximately $12,014,000. Finally, Colonial Trust Co SC grew its position in Amazon.com by 5.9% during the 4th quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant’s stock worth $13,399,000 after purchasing an additional 3,413 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Canaccord Genuity Group reissued a “buy” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Wells Fargo & Company lifted their price objective on shares of Amazon.com from $238.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. UBS Group reaffirmed a “buy” rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Finally, Royal Bank Of Canada upped their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a report 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $263.30.

Amazon.com Stock Up 0.1%

Shares of NASDAQ:AMZN opened at $231.48 on Friday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The business has a fifty day moving average of $227.81 and a two-hundred day moving average of $209.42. The stock has a market cap of $2.47 trillion, a P/E ratio of 35.29, 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 posted its earnings results 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. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.