DLK Investment Management LLC Purchases 545 Shares of Amazon.com, Inc. $AMZN

DLK Investment Management LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 28,997 shares of the e-commerce giant’s stock after purchasing an additional 545 shares during the period. Amazon.com comprises approximately 2.4% of DLK Investment Management LLC’s portfolio, making the stock its 14th biggest position. DLK Investment Management LLC’s holdings in Amazon.com were worth $6,362,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE lifted its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com in the fourth quarter valued at approximately $2,153,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Down 3.0%

Shares of NASDAQ:AMZN opened at $220.71 on Wednesday. The stock’s 50-day moving average price is $227.74 and its 200-day moving average price is $209.76. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a market capitalization of $2.35 trillion, a P/E ratio of 33.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.30. 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 posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% 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 valued at $5,676,032,574 over the last ninety days. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on AMZN shares. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Piper Sandler increased their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Canaccord Genuity Group reiterated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $263.30.

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.