Sharkey Howes & Javer Purchases New Holdings in Amazon.com, Inc. $AMZN

Sharkey Howes & Javer purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 955 shares of the e-commerce giant’s stock, valued at approximately $210,000.

Several other hedge funds also recently added to or reduced their stakes in AMZN. Western Wealth Management LLC boosted its position in 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 buying an additional 1,297 shares during the period. Flaharty Asset Management LLC boosted its position in Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in Amazon.com in the 1st quarter valued at about $514,000. McIlrath & Eck LLC boosted its position in Amazon.com by 8.8% in the 4th quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock valued at $4,058,000 after buying an additional 1,490 shares during the period. Finally, Harbor Investment Advisory LLC boosted its position in Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 2,145 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $220.21 on Thursday. The company’s 50-day moving average price is $227.68 and its 200-day moving average price is $209.83. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.35 trillion, a P/E ratio of 33.57, a P/E/G ratio of 1.47 and a beta of 1.30. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping 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 company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Canaccord Genuity Group reissued a “buy” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Pivotal Research raised their price target on shares of Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 1st. UBS Group reaffirmed a “buy” rating and issued a $271.00 price target (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price target for the company in a report on Friday, June 27th. Finally, Scotiabank increased their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $264.04.

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.