Foresight Capital Management Advisors Inc. Boosts Stake in Amazon.com, Inc. $AMZN

Foresight Capital Management Advisors Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,411 shares of the e-commerce giant’s stock after buying an additional 573 shares during the quarter. Amazon.com accounts for 1.8% of Foresight Capital Management Advisors Inc.’s investment portfolio, making the stock its 20th biggest position. Foresight Capital Management Advisors Inc.’s holdings in Amazon.com were worth $3,162,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Western Wealth Management LLC raised its position in shares of Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after buying an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC raised its position in shares of Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at $514,000. Border to Coast Pensions Partnership Ltd raised its position in shares of Amazon.com by 6.0% during the 2nd 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 buying an additional 63,924 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. raised its position in shares of Amazon.com by 5.3% during the 2nd 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 buying an additional 4,265 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of a number of analyst reports. Benchmark reiterated a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research report on Wednesday. JMP Securities reiterated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Canaccord Genuity Group reiterated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Wedbush lifted their target price on shares of Amazon.com from $250.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Mizuho set a $300.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Monday, September 29th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $268.69.

Amazon.com Price Performance

AMZN stock opened at $224.21 on Friday. The firm’s 50-day moving average price is $225.10 and its two-hundred day moving average price is $213.97. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.46 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated 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 sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 97,911 shares of company stock worth $21,765,202. 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.