Amazon.com, Inc. $AMZN Shares Bought by NovaPoint Capital LLC

NovaPoint Capital LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,550 shares of the e-commerce giant’s stock after purchasing an additional 712 shares during the period. NovaPoint Capital LLC’s holdings in Amazon.com were worth $2,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at about $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com in the 1st quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 1.6%

Shares of AMZN stock opened at $225.22 on Thursday. The business’s 50 day moving average is $226.03 and its two-hundred day moving average is $211.58. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a market capitalization of $2.40 trillion, a P/E ratio of 34.33, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 period last year, the business posted $1.26 EPS. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AMZN shares. Barclays increased their price objective on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. DA Davidson increased their price objective on Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a report on Friday, August 1st. Susquehanna raised their price target on Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. BMO Capital Markets raised their price target on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, Moffett Nathanson raised their price target on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research note 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 given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $266.26.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was 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 of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,313,335 shares of company stock worth $4,164,795,815. Corporate insiders own 9.70% of the company’s stock.

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.