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

GEM Asset Management LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,495 shares of the e-commerce giant’s stock after acquiring an additional 735 shares during the quarter. Amazon.com comprises about 1.0% of GEM Asset Management LLC’s investment portfolio, making the stock its 25th biggest position. GEM Asset Management LLC’s holdings in Amazon.com were worth $1,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Bare Financial Services Inc grew its holdings in Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares during the last quarter. Talisman Wealth Advisors LLC boosted its stake in 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 worth $1,020,000 after acquiring an additional 53 shares in the last quarter. SWAN Capital LLC raised its holdings in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after buying an additional 55 shares during the last quarter. Hamel Associates Inc. raised its holdings in shares of Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after purchasing an additional 55 shares during the last quarter. Finally, Clifford Group LLC grew its position in 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 hedge funds and other institutional investors.

Amazon.com Trading Up 0.1%

Shares of AMZN stock opened at $231.48 on Monday. The stock’s fifty day moving average is $227.81 and its two-hundred day moving average is $209.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market capitalization of $2.47 trillion, a P/E ratio of 35.29, a PEG ratio of 1.55 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The company 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%.The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMZN. HSBC boosted their price objective on shares of Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Cantor Fitzgerald upped their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Susquehanna upped their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Finally, Wedbush restated an “outperform” rating and set a $250.00 price objective on shares of Amazon.com in a research note on Friday. Two 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. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and an average target price of $263.30.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares of the company’s stock, valued at $115,769,384.43. This trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is currently owned by company 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.