Amazon.com, Inc. $AMZN Stock Holdings Lifted by Abel Hall LLC

Key Points

• Abel Hall LLC increased its stake in Amazon.com, Inc. by 15.2% in Q1, owning approximately 11,877 shares valued at $2.26 million, making it the firm's 14th largest holding.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon stock for approximately $960 million, reducing his ownership by 0.47% while still holding nearly 897.7 million shares.
• Analyst ratings for Amazon show a consensus of “Buy” with a target price ranging from $260 to $275, reflecting strong investor confidence following robust quarterly earnings that exceeded expectations.

Abel Hall LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 15.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,877 shares of the e-commerce giant's stock after purchasing an additional 1,568 shares during the quarter. Amazon.com comprises about 1.4% of Abel Hall LLC's investment portfolio, making the stock its 14th biggest position. Abel Hall LLC's holdings in Amazon.com were worth $2,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AMZN. Norges Bank purchased a new stake in Amazon.com during the 4th quarter worth $27,266,582,000. GAMMA Investing LLC increased its stake in Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after buying an additional 30,104,520 shares during the period. Capital World Investors increased its stake in Amazon.com by 36.8% during the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after buying an additional 17,681,004 shares during the period. Capital International Investors increased its position in shares of Amazon.com by 26.5% in the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Amazon.com by 14.0% in the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock worth $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research reports. Barclays lifted their price target on Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Robert W. Baird lifted their price target on Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. BNP Paribas upgraded Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Stifel Nicolaus lifted their price target on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $300.00 price target on shares of Amazon.com in a research note on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the sale, the chief executive officer directly owned 510,255 shares in the company, valued at approximately $118,542,441.60. The trade was a 0.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares in the company, valued at $203,649,402,587.43. The trade was a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,012,284 shares of company stock worth $5,656,976,492 over the last 90 days. 10.80% of the stock is owned by insiders.

Amazon.com Stock Performance

Shares of AMZN traded down $0.2130 during mid-day trading on Monday, reaching $228.6270. 12,699,290 shares of the company's stock traded hands, compared to its average volume of 44,351,199. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market capitalization of $2.44 trillion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The business's 50-day moving average price is $222.63 and its 200-day moving average price is $207.85. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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 company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the firm earned $1.26 EPS. Amazon.com's revenue 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 earnings per share for the current year.

About Amazon.com

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.