Amazon.com, Inc. $AMZN Shares Bought by North Star Investment Management Corp.

North Star Investment Management Corp. increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,197 shares of the e-commerce giant’s stock after buying an additional 1,056 shares during the quarter. Amazon.com comprises 1.0% of North Star Investment Management Corp.’s portfolio, making the stock its 15th largest holding. North Star Investment Management Corp.’s holdings in Amazon.com were worth $14,304,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AMZN. Harrell Investment Partners LLC grew its stake in shares of Amazon.com by 36.1% in the second quarter. Harrell Investment Partners LLC now owns 43,168 shares of the e-commerce giant’s stock worth $9,471,000 after purchasing an additional 11,461 shares in the last quarter. Genesis Wealth Advisors LLC lifted its holdings in Amazon.com by 11.9% in the second quarter. Genesis Wealth Advisors LLC now owns 2,417 shares of the e-commerce giant’s stock worth $530,000 after purchasing an additional 257 shares during the period. Cassia Capital Partners LLC lifted its holdings in Amazon.com by 5.8% in the second quarter. Cassia Capital Partners LLC now owns 5,994 shares of the e-commerce giant’s stock worth $1,315,000 after purchasing an additional 328 shares during the period. Postrock Partners LLC grew its position in Amazon.com by 0.5% in the 2nd quarter. Postrock Partners LLC now owns 17,711 shares of the e-commerce giant’s stock valued at $3,886,000 after buying an additional 95 shares in the last quarter. Finally, Regatta Capital Group LLC increased its stake in Amazon.com by 2.5% during the 2nd quarter. Regatta Capital Group LLC now owns 64,932 shares of the e-commerce giant’s stock valued at $14,245,000 after buying an additional 1,607 shares during the period. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Westpark Capital reiterated a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. HSBC increased their price target on Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, September 29th. DA Davidson boosted their price objective on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Truist Financial raised their target price on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Finally, Moffett Nathanson lifted their target price on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Three 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 stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $266.26.

Amazon.com Price Performance

Shares of AMZN opened at $219.51 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market cap of $2.34 trillion, a PE ratio of 33.46, a PEG ratio of 1.47 and a beta of 1.28. The firm’s 50 day moving average price is $226.55 and its 200 day moving average price is $211.24. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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 for 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%. Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred 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 directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 18,798,540 shares of company stock worth $4,273,477,287. Insiders own 10.80% of the company’s stock.

About Amazon.com

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.