Lbmc Investment Advisors LLC Sells 148 Shares of Amazon.com, Inc. $AMZN

Lbmc Investment Advisors LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,045 shares of the e-commerce giant’s stock after selling 148 shares during the period. Lbmc Investment Advisors LLC’s holdings in Amazon.com were worth $7,030,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter valued at about $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter valued at about $42,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Amazon.com during the 1st quarter valued at about $59,000. Finally, von Borstel & Associates Inc. acquired a new position in Amazon.com during the 1st quarter valued at about $66,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

Amazon.com stock opened at $227.63 on Tuesday. The company’s fifty day moving average price is $227.85 and its 200 day moving average price is $209.69. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The stock has a market capitalization of $2.43 trillion, a P/E ratio of 34.70, a P/E/G ratio of 1.55 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $161.80 billion. During the same quarter last year, the company earned $1.26 EPS. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Truist Financial upped their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Canaccord Genuity Group restated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Wedbush restated an “outperform” rating and set a $250.00 price target on shares of Amazon.com in a research note on Friday. Finally, Susquehanna upped their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $263.30.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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 stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last quarter. 10.80% of the stock is owned by 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.