Howard Capital Management Group LLC Has $77.13 Million Holdings in Amazon.com, Inc. $AMZN

Howard Capital Management Group LLC lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 351,583 shares of the e-commerce giant’s stock after selling 854 shares during the period. Amazon.com comprises about 5.4% of Howard Capital Management Group LLC’s holdings, making the stock its 5th largest holding. Howard Capital Management Group LLC’s holdings in Amazon.com were worth $77,134,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AMZN. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE lifted its stake in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at about $2,153,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 1.6%

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

Amazon.com (NASDAQ:AMZN) last posted 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the business earned $1.26 EPS. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AMZN shares. Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. Piper Sandler boosted their target price on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Amazon.com in a research note on Wednesday. JPMorgan Chase & Co. boosted their target price on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Three investment 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 company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $266.26.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the transaction, the insider owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,313,335 shares of company stock worth $4,164,795,815 over the last quarter. Insiders own 9.70% 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.