Amazon.com, Inc. $AMZN is Chapin Davis Inc.’s 7th Largest Position

Chapin Davis Inc. increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,970 shares of the e-commerce giant’s stock after acquiring an additional 2,425 shares during the quarter. Amazon.com comprises approximately 2.6% of Chapin Davis Inc.’s portfolio, making the stock its 7th biggest position. Chapin Davis Inc.’s holdings in Amazon.com were worth $9,427,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Amazon.com by 14.4% in the second quarter. GAMMA Investing LLC now owns 181,843 shares of the e-commerce giant’s stock worth $39,895,000 after purchasing an additional 22,876 shares in the last quarter. S.A. Mason LLC raised its holdings in Amazon.com by 4.5% in the second quarter. S.A. Mason LLC now owns 5,025 shares of the e-commerce giant’s stock worth $1,102,000 after purchasing an additional 216 shares in the last quarter. Ridgewood Investments LLC raised its holdings in Amazon.com by 6.8% in the second quarter. Ridgewood Investments LLC now owns 6,637 shares of the e-commerce giant’s stock worth $1,456,000 after purchasing an additional 425 shares in the last quarter. Clear Harbor Asset Management LLC raised its holdings in Amazon.com by 0.5% in the second quarter. Clear Harbor Asset Management LLC now owns 100,251 shares of the e-commerce giant’s stock worth $21,994,000 after purchasing an additional 488 shares in the last quarter. Finally, Maryland Capital Advisors Inc. raised its holdings in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Truist Financial increased their price objective on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Moffett Nathanson increased their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Evercore ISI reiterated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Citigroup reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $265.09.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,770,485 shares of company stock worth $4,938,795,968. 10.80% of the stock is owned by corporate insiders.

Amazon.com Price Performance

NASDAQ AMZN opened at $219.57 on Wednesday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The stock has a 50-day moving average of $227.14 and a 200 day moving average of $210.58. The company has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 33.47, a PEG ratio of 1.48 and a beta of 1.30. 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 data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during 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%.Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.