Westwind Capital Buys 1,322 Shares of Amazon.com, Inc. $AMZN

Westwind Capital raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 141,093 shares of the e-commerce giant’s stock after purchasing an additional 1,322 shares during the period. Amazon.com comprises approximately 6.3% of Westwind Capital’s holdings, making the stock its 3rd largest holding. Westwind Capital’s holdings in Amazon.com were worth $30,954,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the fourth quarter worth $25,000. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the first quarter valued at about $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com during the first quarter valued at about $40,000. Finally, Capitol Family Office Inc. bought a new position in Amazon.com during the first quarter valued at about $42,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,997,911 shares of company stock worth $4,989,630,574 in the last three months. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several analyst reports. UBS Group reaffirmed a “buy” rating and set a $271.00 target price (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. JPMorgan Chase & Co. raised their price target on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Pivotal Research raised their price target on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus target price of $264.04.

Amazon.com Stock Performance

AMZN opened at $219.78 on Friday. The firm has a market capitalization of $2.34 trillion, a P/E ratio of 33.50, a price-to-earnings-growth ratio of 1.47 and a beta of 1.30. The stock’s 50 day moving average price is $227.44 and its two-hundred day moving average price is $210.23. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) 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 firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the firm 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.

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.