Amazon.com, Inc. $AMZN is Exchange Capital Management Inc.’s 3rd Largest Position

Exchange Capital Management Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 99,253 shares of the e-commerce giant’s stock after selling 182 shares during the period. Amazon.com accounts for about 3.2% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 3rd biggest position. Exchange Capital Management Inc.’s holdings in Amazon.com were worth $21,775,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Ridgecrest Wealth Partners LLC lifted its holdings in Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after buying an additional 45 shares during the period. Bare Financial Services Inc lifted its holdings in Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after buying an additional 48 shares during the period. Heritage Oak Wealth Advisors LLC lifted its holdings in Amazon.com by 1.2% during the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after buying an additional 48 shares during the period. Cobblestone Asset Management LLC lifted its holdings in Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after buying an additional 50 shares during the period. Finally, Seek First Inc. lifted its holdings in Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AMZN. DA Davidson upped their target price on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Pivotal Research increased their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 1st. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Moffett Nathanson increased their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. Finally, HSBC increased their price objective on Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, September 29th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average target price of $266.26.

Amazon.com Stock Performance

Shares of AMZN stock opened at $213.04 on Friday. The firm has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business has a fifty day moving average of $225.66 and a 200 day moving average of $212.64. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last 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 earnings per share for the current year.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,864,716 shares of company stock worth $2,486,013,854 over the last three months. 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.