Howard Capital Management Inc. Grows Position in Amazon.com, Inc. $AMZN

Howard Capital Management Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 11.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 244,219 shares of the e-commerce giant’s stock after purchasing an additional 25,693 shares during the period. Amazon.com makes up approximately 0.7% of Howard Capital Management Inc.’s holdings, making the stock its 25th largest holding. Howard Capital Management Inc.’s holdings in Amazon.com were worth $53,579,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Vanguard Group Inc. increased its holdings in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its position in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after buying an additional 132,616,953 shares during the period. Northern Trust Corp grew its stake in shares of Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after buying an additional 302,858 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Amazon.com in the first quarter valued at about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Amazon.com by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after buying an additional 605,415 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMZN. Bank of America lifted their price objective on shares of Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a research note on Friday, October 31st. BNP Paribas Exane lifted their price target on shares of Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Cowen reissued a “buy” rating on shares of Amazon.com in a research report on Friday, October 31st. Piper Sandler restated a “negative” rating on shares of Amazon.com in a research note on Friday, October 31st. Finally, Stifel Nicolaus boosted their price target on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.70.

Amazon.com Stock Performance

Amazon.com stock opened at $220.69 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The company has a fifty day moving average price of $227.77 and a two-hundred day moving average price of $221.98. The company has a market cap of $2.36 trillion, a PE ratio of 33.64, 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same period last 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. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In related news, Director Keith Brian Alexander sold 900 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares in the company, valued at $1,670,610. This represents a 11.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 43,357 shares of company stock worth $10,607,215 over the last ninety days. Company insiders own 9.70% of the company’s stock.

Amazon.com Company 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.