Acorns Advisers LLC Purchases 4,185 Shares of Amazon.com, Inc. $AMZN

Key Points

• Acorns Advisers LLC increased its stake in Amazon.com, Inc. by 20.3%, owning a total of 24,778 shares valued at approximately $4.71 million after purchasing 4,185 additional shares.
• Several institutional investors made new investments in Amazon.com, with recent stakes ranging from approximately $25,000 to $42,000, reflecting growing interest in the company's stock.
• Amazon reported a net margin of 10.54% for the last quarter, exceeding earnings expectations with a reported EPS of $1.68 compared to a consensus of $1.31.

Acorns Advisers LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 20.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,778 shares of the e-commerce giant's stock after purchasing an additional 4,185 shares during the period. Amazon.com makes up approximately 0.0% of Acorns Advisers LLC's investment portfolio, making the stock its 26th biggest holding. Acorns Advisers LLC's holdings in Amazon.com were worth $4,714,000 at the end of the most recent quarter.

Other institutional investors 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 about $25,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the first quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the first quarter valued at approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the first quarter valued at approximately $42,000. Finally, Harbor Investment Advisory LLC raised its stake in shares of Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after acquiring an additional 2,145 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the subject of several research analyst reports. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Royal Bank Of Canada lifted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Robert W. Baird lifted their price target on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Finally, Susquehanna lifted their price target on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insider Activity

In other news, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is owned by corporate insiders.

Amazon.com Price Performance

NASDAQ AMZN opened at $228.15 on Friday. The firm's fifty day simple moving average is $226.87 and its two-hundred day simple moving average is $208.58. 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 firm has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a P/E/G ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company earned $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. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.

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