LCM Capital Management Inc Trims Position in Amazon.com, Inc. $AMZN

LCM Capital Management Inc trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,525 shares of the e-commerce giant’s stock after selling 290 shares during the quarter. Amazon.com accounts for about 2.0% of LCM Capital Management Inc’s portfolio, making the stock its 9th largest position. LCM Capital Management Inc’s holdings in Amazon.com were worth $3,845,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at $25,000. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at $40,000. Finally, Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the 1st quarter valued at $42,000. 72.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of 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 Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 21,770,485 shares of company stock worth $4,938,795,968 in the last three months. 10.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMZN. Evercore ISI reiterated an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Truist Financial upped their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $265.09.

Amazon.com Price Performance

AMZN opened at $219.57 on Wednesday. The firm has a market cap of $2.34 trillion, a P/E ratio of 33.47, a PEG ratio of 1.48 and a beta of 1.30. The firm has a 50-day moving average of $227.14 and a 200 day moving average of $210.58. 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, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued 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 firm 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%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect 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.