Graves Light Lenhart Wealth Inc. Has $11.13 Million Stake in Amazon.com, Inc. $AMZN

Graves Light Lenhart Wealth Inc. decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,710 shares of the e-commerce giant’s stock after selling 51 shares during the period. Amazon.com comprises 1.3% of Graves Light Lenhart Wealth Inc.’s portfolio, making the stock its 23rd largest holding. Graves Light Lenhart Wealth Inc.’s holdings in Amazon.com were worth $11,125,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Western Wealth Management LLC increased its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC raised its position 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 valued at $968,000 after acquiring an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com during the first quarter valued at approximately $514,000. McIlrath & Eck LLC raised its position in Amazon.com by 8.8% during the fourth quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock valued at $4,058,000 after acquiring an additional 1,490 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its position in Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 2,145 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on AMZN shares. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research report on Tuesday, July 1st. Royal Bank Of Canada raised their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Canaccord Genuity Group reaffirmed a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $263.30.

Amazon.com Trading Down 1.7%

Shares of AMZN stock opened at $227.63 on Tuesday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $227.85 and its two-hundred day moving average is $209.69. The company has a market cap of $2.43 trillion, a PE ratio of 34.70, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31.

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

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

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.