LaFleur & Godfrey LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 13.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,644 shares of the e-commerce giant’s stock after acquiring an additional 7,227 shares during the quarter. Amazon.com accounts for about 1.7% of LaFleur & Godfrey LLC’s portfolio, making the stock its 20th biggest holding. LaFleur & Godfrey LLC’s holdings in Amazon.com were worth $13,305,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Western Wealth Management LLC lifted its stake in Amazon.com by 0.9% during the first 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 in the last quarter. Flaharty Asset Management LLC lifted its stake 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 buying an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Amazon.com during the first quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd lifted its stake in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after buying an additional 63,924 shares in the last quarter. Finally, McIlrath & Eck LLC lifted its stake 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 buying an additional 1,490 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 21,770,485 shares of company stock worth $4,938,795,968 in the last 90 days. Company insiders own 10.80% of the company’s stock.
Amazon.com Trading Down 1.2%
Amazon.com (NASDAQ:AMZN – Get Free Report) 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the company posted $1.26 earnings per share. The company’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. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.
Analyst Upgrades and Downgrades
AMZN has been the subject of a number of analyst reports. Westpark Capital reaffirmed a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Evercore ISI reissued an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Susquehanna increased their price target on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average price target of $265.09.
Check Out Our Latest Research Report on Amazon.com
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.
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