Barrett & Company Inc. Purchases 370 Shares of Amazon.com, Inc. $AMZN

Barrett & Company Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,477 shares of the e-commerce giant’s stock after buying an additional 370 shares during the period. Amazon.com accounts for approximately 1.9% of Barrett & Company Inc.’s holdings, making the stock its 13th biggest position. Barrett & Company Inc.’s holdings in Amazon.com were worth $5,151,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Western Wealth Management LLC boosted its holdings in 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 purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC raised its position in shares of Amazon.com by 87.7% during the first 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 last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd raised its position in shares of Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after buying an additional 63,924 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. raised its position in shares of Amazon.com by 5.3% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant’s stock valued at $18,454,000 after buying an additional 4,265 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

NASDAQ:AMZN opened at $213.04 on Monday. The company has a 50-day moving average of $225.66 and a 200-day moving average of $212.88. The company has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 32.48, a PEG ratio of 1.41 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last announced 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. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on AMZN. HSBC upped their price objective on shares of Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Evercore ISI reaffirmed an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Oppenheimer cut their price objective on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Finally, Wolfe Research raised their price objective on shares of Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $266.26.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the 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 sale, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,591,479 shares of company stock worth $1,512,698,663 over the last ninety days. Company insiders own 10.80% of the company’s stock.

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.