Jag Capital Management LLC Grows Stock Position in Amazon.com, Inc. $AMZN

Jag Capital Management LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 254,140 shares of the e-commerce giant’s stock after acquiring an additional 3,210 shares during the quarter. Amazon.com makes up approximately 6.2% of Jag Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Jag Capital Management LLC’s holdings in Amazon.com were worth $55,756,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com in the 1st quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings in Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 128,084 shares of company stock valued at $29,405,457 in the last 90 days. Company insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $249.32 on Wednesday. The company has a market capitalization of $2.66 trillion, a PE ratio of 38.01, a P/E/G ratio of 1.52 and a beta of 1.28. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The firm has a fifty day simple moving average of $226.43 and a 200 day simple moving average of $217.49.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter in the prior year, the firm posted $1.43 earnings per share. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Arete lifted their price target on Amazon.com from $248.00 to $253.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Stifel Nicolaus lifted their target price on shares of Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. BMO Capital Markets restated an “outperform” rating and issued a $300.00 price target on shares of Amazon.com in a research report on Friday. Westpark Capital reaffirmed a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Finally, The Goldman Sachs Group lifted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $293.42.

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.