Leavell Investment Management Inc. Purchases 4,292 Shares of Amazon.com, Inc. $AMZN

Leavell Investment Management Inc. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 97,175 shares of the e-commerce giant’s stock after acquiring an additional 4,292 shares during the quarter. Amazon.com accounts for 1.0% of Leavell Investment Management Inc.’s portfolio, making the stock its 19th biggest holding. Leavell Investment Management Inc.’s holdings in Amazon.com were worth $21,319,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its stake in shares of Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares during the period. Nuveen LLC bought a new position in Amazon.com in the first quarter worth approximately $11,674,091,000. Goldman Sachs Group Inc. raised its position in Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the period. Vanguard Group Inc. boosted its stake in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. Finally, Amundi grew its position in shares of Amazon.com by 15.1% during the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after acquiring an additional 7,267,277 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of recent research reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $315.00 target price (up from $300.00) on shares of Amazon.com in a report on Friday, October 31st. HSBC upped their price target on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Wells Fargo & Company lifted their price objective on Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. TD Cowen increased their target price on shares of Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, CIBC raised their target price on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $294.70.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the firm’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 transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 128,984 shares of company stock worth $29,617,023. Insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 4.4%

Shares of AMZN opened at $222.55 on Wednesday. The firm has a market cap of $2.38 trillion, a P/E ratio of 33.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company has a 50 day simple moving average of $228.33 and a two-hundred day simple moving average of $221.51.

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

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.