Amazon.com, Inc. $AMZN Stake Raised by Lafayette Investments Inc.

Lafayette Investments Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 19,925 shares of the e-commerce giant’s stock after buying an additional 2,051 shares during the quarter. Lafayette Investments Inc.’s holdings in Amazon.com were worth $4,371,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the first quarter valued at about $36,000. Maryland Capital Advisors Inc. increased its position 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 during the last quarter. Ryan Investment Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Amazon.com during the 1st quarter valued at about $59,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Westpark Capital restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. William Blair restated an “outperform” rating on shares of Amazon.com in a report on Monday, November 3rd. Telsey Advisory Group lifted their price objective on shares of Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. President Capital increased their target price on shares of Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, BNP Paribas Exane boosted their price target on Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $294.15.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the sale, the director owned 80,030 shares of the company’s stock, valued at $20,009,900.90. The trade was a 9.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 128,084 shares of company stock valued at $29,405,457 in the last quarter. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Down 2.0%

Shares of AMZN opened at $244.20 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a 50-day simple moving average of $228.61 and a 200-day simple moving average of $220.04. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The firm has a market capitalization of $2.61 trillion, a P/E ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.29.

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

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.