AMI Investment Management Inc. Increases Holdings in Amazon.com, Inc. $AMZN

AMI Investment Management Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,300 shares of the e-commerce giant’s stock after buying an additional 272 shares during the quarter. Amazon.com makes up about 1.3% of AMI Investment Management Inc.’s holdings, making the stock its 22nd biggest position. AMI Investment Management Inc.’s holdings in Amazon.com were worth $4,892,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Carderock Capital Management Inc. acquired a new position in Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the 1st quarter valued at $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com in the 1st quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In related news, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the transaction, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 97,911 shares of company stock valued at $21,765,202 in the last ninety days. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $226.97 on Tuesday. 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 firm has a 50-day moving average of $225.01 and a two-hundred day moving average of $214.69. The stock has a market cap of $2.42 trillion, a P/E ratio of 34.60, a PEG ratio of 1.48 and a beta of 1.28. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 23.84% and a net margin of 10.54%.The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on AMZN shares. Stifel Nicolaus upped their price objective on Amazon.com from $260.00 to $269.00 and gave the stock a “buy” rating in a report on Friday. Monness Crespi & Hardt upped their price objective on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. BMO Capital Markets upped their price objective on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. Finally, Sanford C. Bernstein set a $235.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $268.38.

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.