Alpha Omega Group Inc. Invests $335,000 in Amazon.com, Inc. $AMZN

Key Points

• Alpha Omega Group Inc. purchased 1,762 shares of Amazon.com, Inc. valued at approximately $335,000, making it the 16th largest holding in their portfolio.
• Several brokerages, including Wedbush and Royal Bank Of Canada, have raised their price targets for Amazon.com, with the consensus price target now at $262.87.
• Amazon reported Q2 earnings of $1.68 per share, exceeding analyst expectations, with revenue of $167.70 billion for the quarter, marking a 13.3% increase year-over-year.

Alpha Omega Group Inc. 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. The firm acquired 1,762 shares of the e-commerce giant's stock, valued at approximately $335,000. Amazon.com makes up about 0.4% of Alpha Omega Group Inc.'s investment portfolio, making the stock its 16th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the 4th quarter worth approximately $25,000. LSV Asset Management bought a new position in Amazon.com in the 4th quarter worth approximately $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com during the 1st quarter worth $40,000. Finally, Perritt Capital Management Inc grew its position in shares of Amazon.com by 72.7% during the 4th 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 during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction 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 transaction, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. The trade was a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the sale, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. The trade was a 1.30% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,095,411 shares of company stock worth $5,675,473,849. Company insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

AMZN stock traded down $3.73 during trading on Tuesday, reaching $225.27. The stock had a trading volume of 22,892,423 shares, compared to its average volume of 43,852,789. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock's 50 day moving average is $224.66 and its two-hundred day moving average is $207.80. The firm has a market cap of $2.40 trillion, a PE ratio of 34.35, a PEG ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AMZN shares. Wells Fargo & Company lifted their price target on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 29th. Moffett Nathanson raised their target price on shares of Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Bank of America lifted their price target on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Citizens Jmp began coverage on Amazon.com in a research note on Thursday, July 10th. They issued a "strong-buy" rating on the stock. Finally, Royal Bank Of Canada upped their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Buy" and a consensus target price of $262.87.

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.