ABC Arbitrage SA Purchases Shares of 1,933 Amazon.com, Inc. $AMZN

Key Points

• ABC Arbitrage SA has invested approximately $368,000 in Amazon.com, Inc., acquiring 1,933 shares during the first quarter.
• Amazon reported $1.68 earnings per share and $167.70 billion in revenue for its last quarter, exceeding analysts' expectations.
• Analysts have recently increased their price targets for Amazon, with Barclays setting a new target of $275.00 and Cowen reiterating a "buy" rating.

ABC Arbitrage SA bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 1,933 shares of the e-commerce giant's stock, valued at approximately $368,000.

Other hedge funds have also added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC bought a new stake in Amazon.com in the fourth quarter worth $25,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the first quarter worth $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter worth $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the 1st quarter worth $42,000. Finally, Harbor Investment Advisory LLC grew its holdings in Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after acquiring an additional 2,145 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Down 1.4%

NASDAQ:AMZN traded down $3.35 on Friday, reaching $232.33. 36,684,807 shares of the stock traded hands, compared to its average volume of 32,905,296. The company has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.58 and a beta of 1.30. The company has a current ratio of 1.02, a quick ratio of 0.81 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. The company's fifty day simple moving average is $225.74 and its 200 day simple moving average is $208.13.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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 net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the business posted $1.26 earnings per share. The business's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Moffett Nathanson raised their target price on shares of Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Citizens Jmp assumed coverage on shares of Amazon.com in a research report on Thursday, July 10th. They issued a "strong-buy" rating for the company. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Finally, UBS Group reaffirmed a "buy" rating and issued a $271.00 target price (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 9.70% of the company's stock.

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.