Lifestyle Asset Management Inc. Buys 370 Shares of Amazon.com, Inc. $AMZN

Lifestyle Asset Management Inc. increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 20.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,203 shares of the e-commerce giant’s stock after buying an additional 370 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in Amazon.com were worth $483,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Client Fiduciary Advisors LLC boosted its position in Amazon.com by 5.1% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 30,668 shares of the e-commerce giant’s stock valued at $6,728,000 after buying an additional 1,477 shares during the period. MFG Wealth Management Inc. increased its stake in shares of Amazon.com by 2.0% during the second quarter. MFG Wealth Management Inc. now owns 14,371 shares of the e-commerce giant’s stock valued at $3,153,000 after buying an additional 287 shares during the period. Bowman & Co S.C. grew its stake in Amazon.com by 3.3% in the second quarter. Bowman & Co S.C. now owns 7,590 shares of the e-commerce giant’s stock valued at $1,665,000 after purchasing an additional 243 shares during the last quarter. Bay Rivers Group grew its stake in Amazon.com by 4.9% in the second quarter. Bay Rivers Group now owns 24,250 shares of the e-commerce giant’s stock valued at $5,320,000 after purchasing an additional 1,135 shares during the last quarter. Finally, Riversedge Advisors LLC grew its stake in Amazon.com by 40.5% in the second quarter. Riversedge Advisors LLC now owns 9,529 shares of the e-commerce giant’s stock valued at $2,091,000 after purchasing an additional 2,745 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 0.1%

Shares of AMZN stock opened at $231.48 on Monday. The business’s 50 day moving average is $227.81 and its two-hundred day moving average is $209.49. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a market capitalization of $2.47 trillion, a P/E ratio of 35.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 0.81 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, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the business posted $1.26 EPS. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Roth Capital set a $250.00 price target on Amazon.com and gave the stock a “buy” rating in a report on Tuesday, July 8th. DA Davidson lifted their target price on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, August 1st. JPMorgan Chase & Co. lifted their target price on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Stifel Nicolaus boosted their price target on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Finally, Cowen reissued a “buy” rating on shares of Amazon.com in a 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 data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $263.30.

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.