Amazon.com, Inc. $AMZN Shares Purchased by Callahan Advisors LLC

Callahan Advisors LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 221,392 shares of the e-commerce giant’s stock after purchasing an additional 4,950 shares during the period. Amazon.com comprises 4.4% of Callahan Advisors LLC’s portfolio, making the stock its 3rd largest holding. Callahan Advisors LLC’s holdings in Amazon.com were worth $48,571,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AMZN shares. DA Davidson lifted their price target on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Wedbush reaffirmed an “outperform” rating and set a $340.00 target price on shares of Amazon.com in a research report on Monday. CIBC upped their price target on Amazon.com to $315.00 in a report on Monday, October 20th. Finally, Cowen reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $293.17.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $243.04 on Friday. The stock has a market capitalization of $2.60 trillion, a P/E ratio of 37.05, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm has a 50 day moving average of $227.08 and a 200-day moving average of $217.89.

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

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,084 shares of company stock worth $29,405,457 over the last quarter. Corporate insiders own 9.70% 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.