Amazon.com, Inc. $AMZN Shares Purchased by Grandview Asset Management LLC

Grandview Asset Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,115 shares of the e-commerce giant’s stock after purchasing an additional 490 shares during the period. Amazon.com makes up about 2.3% of Grandview Asset Management LLC’s portfolio, making the stock its 9th largest holding. Grandview Asset Management LLC’s holdings in Amazon.com were worth $7,046,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Beacon Capital Management LLC lifted its position in shares of Amazon.com by 1.9% during the 2nd quarter. Beacon Capital Management LLC now owns 38,302 shares of the e-commerce giant’s stock valued at $8,403,000 after acquiring an additional 717 shares during the last quarter. Sonora Investment Management Group LLC raised its stake in Amazon.com by 1.5% during the 2nd quarter. Sonora Investment Management Group LLC now owns 118,084 shares of the e-commerce giant’s stock valued at $25,906,000 after purchasing an additional 1,721 shares during the period. Guyasuta Investment Advisors Inc. raised its stake in Amazon.com by 0.7% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 143,353 shares of the e-commerce giant’s stock valued at $31,450,000 after purchasing an additional 977 shares during the period. Stockman Wealth Management Inc. raised its stake in Amazon.com by 2.8% during the 2nd quarter. Stockman Wealth Management Inc. now owns 91,608 shares of the e-commerce giant’s stock valued at $20,098,000 after purchasing an additional 2,460 shares during the period. Finally, Financial Partners Group LLC raised its stake in Amazon.com by 80.5% during the 2nd quarter. Financial Partners Group LLC now owns 19,093 shares of the e-commerce giant’s stock valued at $4,189,000 after purchasing an additional 8,514 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,040,098 shares of company stock valued at $3,204,129,405. Insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of several recent analyst reports. Barclays boosted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Robert W. Baird upped their price target on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. Citizens Jmp began coverage on shares of Amazon.com in a research note on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Finally, Cantor Fitzgerald increased their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating 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’s stock. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus target price of $266.26.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $216.37 on Friday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.31 trillion, a PE ratio of 32.98, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. The firm has a 50-day moving average price of $225.94 and a 200 day moving average price of $211.90.

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