Amazon.com, Inc. $AMZN Stock Holdings Lifted by Lewis Asset Management LLC

Lewis Asset Management LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 39.0% in the second quarter, HoldingsChannel.com reports. The fund owned 36,064 shares of the e-commerce giant’s stock after acquiring an additional 10,126 shares during the quarter. Amazon.com comprises about 3.7% of Lewis Asset Management LLC’s portfolio, making the stock its 4th largest holding. Lewis Asset Management LLC’s holdings in Amazon.com were worth $7,912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Western Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.9% in 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 during the period. Flaharty Asset Management LLC lifted its holdings in shares of Amazon.com by 87.7% in 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 during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at about $514,000. McIlrath & Eck LLC lifted its holdings in shares of Amazon.com by 8.8% in the 4th quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock valued at $4,058,000 after buying an additional 1,490 shares during the period. Finally, Harbor Investment Advisory LLC lifted its holdings in shares of Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 2,145 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $222.17 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 business has a 50 day simple moving average of $227.30 and a 200-day simple moving average of $210.52. The firm has a market capitalization of $2.37 trillion, a PE ratio of 33.87, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31. 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the transaction, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,770,485 shares of company stock valued at $4,938,795,968. 10.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMZN. Wedbush reaffirmed an “outperform” rating and issued a $250.00 price target on shares of Amazon.com in a report on Friday, September 19th. Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Pivotal Research boosted their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Bank of America boosted their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $264.13.

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.