Hoxton Planning & Management LLC Buys Shares of 11,727 Amazon.com, Inc. $AMZN

Key Points

• Hoxton Planning & Management LLC acquired 11,727 shares of Amazon.com, valued at approximately $2.23 million, making it the firm's 24th largest holding.
• Multiple institutional investors, including FMR LLC and Capital World Investors, increased their positions in Amazon, with Capital World Investors growing its stake by 36.8% in the fourth quarter.
• Analysts have set price targets for Amazon shares ranging from $250.00 to $297.00, with a consensus rating of "Buy" and an average target price of $262.87.

Hoxton Planning & Management LLC acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,727 shares of the e-commerce giant's stock, valued at approximately $2,231,000. Amazon.com makes up approximately 0.9% of Hoxton Planning & Management LLC's portfolio, making the stock its 24th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $25,000. LSV Asset Management bought a new stake in Amazon.com during the fourth quarter worth $35,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the first quarter worth $40,000. Finally, Perritt Capital Management Inc grew its holdings in Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after buying an additional 80 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMZN. Westpark Capital reiterated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Rosenblatt Securities upped their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a report on Friday, August 1st. JMP Securities reiterated a "market outperform" rating and set a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Bank of America upped their price target on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Tigress Financial upped their price objective on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insider Activity

In related news, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,675,986,299 in the last three months. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Amazon.com stock traded down $2.60 during mid-day trading on Friday, reaching $229.00. 26,167,914 shares of the stock traded hands, compared to its average volume of 37,773,448. The stock has a market capitalization of $2.44 trillion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. 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 $242.52. The business's 50-day moving average is $224.25 and its 200-day moving average is $207.95.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping 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 analysts' expectations of $161.80 billion. During the same quarter in the prior year, the business posted $1.26 earnings per share. The business's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.