Amazon.com, Inc. $AMZN Shares Acquired by Narwhal Capital Management

Narwhal Capital Management lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,231 shares of the e-commerce giant’s stock after buying an additional 2,458 shares during the quarter. Amazon.com makes up about 3.8% of Narwhal Capital Management’s investment portfolio, making the stock its 6th largest holding. Narwhal Capital Management’s holdings in Amazon.com were worth $46,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Western Wealth Management LLC boosted its holdings in 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 worth $26,660,000 after purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC boosted its holdings in 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 worth $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com in the first quarter worth $514,000. Border to Coast Pensions Partnership Ltd boosted its holdings in 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 worth $249,295,000 after purchasing an additional 63,924 shares during the period. Finally, Abel Hall LLC boosted its holdings in Amazon.com by 7.3% in the second quarter. Abel Hall LLC now owns 12,740 shares of the e-commerce giant’s stock worth $2,795,000 after purchasing an additional 863 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $226.97 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm’s 50-day simple moving average is $225.01 and its 200 day simple moving average is $214.69. 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 stock has a market cap of $2.42 trillion, a P/E ratio of 34.60, a P/E/G ratio of 1.48 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last released 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company earned $1.26 earnings per share. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’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 sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 97,911 shares of company stock valued at $21,765,202 in the last quarter. 10.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Stifel Nicolaus lifted their price objective on shares of Amazon.com from $260.00 to $269.00 and gave the stock a “buy” rating in a report on Friday. Benchmark reiterated a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research note on Wednesday, October 22nd. Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft raised their target price on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Finally, UBS Group reiterated a “buy” rating and issued a $271.00 target price on shares of Amazon.com in a research note on Wednesday, October 22nd. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $268.38.

About Amazon.com

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.