DMKC Advisory Services LLC Increases Stake in Amazon.com, Inc. $AMZN

DMKC Advisory Services LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 63.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,395 shares of the e-commerce giant’s stock after buying an additional 934 shares during the period. DMKC Advisory Services LLC’s holdings in Amazon.com were worth $536,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wiser Wealth Management Inc increased its holdings in Amazon.com by 4.7% during the second quarter. Wiser Wealth Management Inc now owns 4,070 shares of the e-commerce giant’s stock valued at $893,000 after buying an additional 181 shares during the last quarter. Brookmont Capital Management boosted its position in shares of Amazon.com by 12.6% in the second quarter. Brookmont Capital Management now owns 1,305 shares of the e-commerce giant’s stock worth $286,000 after purchasing an additional 146 shares during the period. Pelham Capital Ltd. boosted its position in shares of Amazon.com by 29.1% in the second quarter. Pelham Capital Ltd. now owns 74,904 shares of the e-commerce giant’s stock worth $16,433,000 after purchasing an additional 16,904 shares during the period. Northstar Group Inc. boosted its position in shares of Amazon.com by 0.9% in the second quarter. Northstar Group Inc. now owns 88,849 shares of the e-commerce giant’s stock worth $19,493,000 after purchasing an additional 820 shares during the period. Finally, Philip James Wealth Mangement LLC boosted its position in shares of Amazon.com by 2.1% in the second quarter. Philip James Wealth Mangement LLC now owns 8,317 shares of the e-commerce giant’s stock worth $1,825,000 after purchasing an additional 172 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

AMZN stock opened at $213.04 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week 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 company has a fifty day simple moving average of $225.66 and a two-hundred day simple moving average of $212.52. The firm has a market capitalization of $2.27 trillion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 1.42 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated 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 owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated Monday, July 21st. The shares were 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 $202,777,588,034.13. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,864,716 shares of company stock valued at $2,486,013,854 over the last ninety days. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wolfe Research upped their price target on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Wells Fargo & Company upgraded shares of Amazon.com from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $245.00 to $280.00 in a research report on Wednesday, September 24th. Bank of America upped their price target on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Wednesday, September 24th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, September 11th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $266.26.

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.