Lederer & Associates Investment Counsel CA Has $5.15 Million Stock Position in Amazon.com, Inc. $AMZN

Lederer & Associates Investment Counsel CA grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,465 shares of the e-commerce giant’s stock after acquiring an additional 327 shares during the period. Amazon.com comprises approximately 3.4% of Lederer & Associates Investment Counsel CA’s holdings, making the stock its 4th largest position. Lederer & Associates Investment Counsel CA’s holdings in Amazon.com were worth $5,148,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Bare Financial Services Inc grew its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after acquiring an additional 48 shares during the period. Cobblestone Asset Management LLC boosted its holdings in Amazon.com by 3.1% in the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after buying an additional 50 shares during the period. Vista Investment Partners LLC boosted its holdings in Amazon.com by 0.9% in the 2nd quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant’s stock worth $1,285,000 after buying an additional 52 shares during the period. Stonekeep Investments LLC boosted its holdings in Amazon.com by 0.4% in the 2nd quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant’s stock worth $3,030,000 after buying an additional 54 shares during the period. Finally, SWAN Capital LLC boosted its holdings in Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after buying an additional 55 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 0.5%

Shares of NASDAQ AMZN opened at $220.63 on Thursday. The firm’s 50-day moving average price is $226.99 and its 200-day moving average price is $210.65. 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 stock has a market capitalization of $2.35 trillion, a price-to-earnings ratio of 33.63, a P/E/G ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 20,842,622 shares of company stock worth $4,731,205,179. 9.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Mizuho set a $300.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Monday. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Rosenblatt Securities increased their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Cantor Fitzgerald increased their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average price target of $265.09.

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.