Scott & Selber Inc. Increases Stock Holdings in Amazon.com, Inc. $AMZN

Scott & Selber Inc. raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,131 shares of the e-commerce giant’s stock after acquiring an additional 449 shares during the quarter. Amazon.com makes up about 3.7% of Scott & Selber Inc.’s portfolio, making the stock its 5th biggest position. Scott & Selber Inc.’s holdings in Amazon.com were worth $13,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of AMZN. Brighton Jones LLC boosted its position in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE boosted its position in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the 4th quarter worth $2,153,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $216.37 on Monday. The stock has a 50-day simple moving average of $225.94 and a two-hundred day simple moving average of $211.97. The firm has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a PEG ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two 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 released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business posted $1.26 EPS. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

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 sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares in the company, valued at $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,597,911 shares of company stock worth $2,652,463,783. 10.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMZN. Royal Bank Of Canada raised their target price on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Telsey Advisory Group restated an “outperform” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Wednesday, September 24th. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Stifel Nicolaus raised their target price on Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, Cantor Fitzgerald raised their target price on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Three investment 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’s stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and a consensus price target of $266.26.

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.