Ashton Thomas Securities LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 4.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,767 shares of the e-commerce giant’s stock after purchasing an additional 1,640 shares during the period. Amazon.com makes up approximately 2.0% of Ashton Thomas Securities LLC’s holdings, making the stock its 7th biggest position. Ashton Thomas Securities LLC’s holdings in Amazon.com were worth $8,286,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Western Wealth Management LLC boosted its holdings in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after acquiring an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC boosted its holdings in shares of Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after acquiring an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Amazon.com in the first quarter valued at approximately $514,000. Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Amazon.com by 6.0% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after acquiring an additional 63,924 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. boosted its holdings in shares of Amazon.com by 5.3% in the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant’s stock valued at $18,454,000 after acquiring an additional 4,265 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently issued reports on AMZN. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 price objective on shares of Amazon.com in a report on Wednesday, September 24th. Zacks Research lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Susquehanna increased their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Finally, UBS Group reissued a “buy” rating and set a $271.00 target price (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $266.26.
Amazon.com Stock Down 0.7%
Shares of NASDAQ:AMZN opened at $213.04 on Friday. 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 cap of $2.27 trillion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a 50 day simple moving average of $225.66 and a 200 day simple moving average of $212.64.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 Transactions at Amazon.com
In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the company’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 value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the company’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 transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,864,716 shares of company stock worth $2,486,013,854. 9.70% of the stock is owned by company insiders.
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.
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