Advisors Preferred LLC Acquires New Stake in Amazon.com, Inc. $AMZN

Key Points

• Advisors Preferred LLC has acquired a new stake in Amazon.com, Inc. by purchasing 25,300 shares valued at approximately $4.86 million.
• Wall Street analysts maintain a positive outlook on Amazon, with an average rating of "Buy" and a consensus target price of $262.87 per share.
• Recent insider trading includes CEO Douglas J. Herrington selling almost 4,784 shares valued at over $1.1 million and founder Jeffrey P. Bezos selling over 2.6 million shares for approximately $609 million.

Advisors Preferred LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 25,300 shares of the e-commerce giant's stock, valued at approximately $4,862,000.

A number of other institutional investors have also recently bought and sold shares of AMZN. Talisman Wealth Advisors LLC lifted its stake in Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after purchasing an additional 53 shares during the last quarter. SWAN Capital LLC increased its position in shares of Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after acquiring an additional 55 shares during the period. Lokken Investment Group LLC increased its position in shares of Amazon.com by 1.5% during the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock valued at $848,000 after buying an additional 56 shares during the period. CWC Advisors LLC. increased its position in shares of Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after buying an additional 56 shares during the period. Finally, JBGlobal.com LLC increased its position in shares of Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock valued at $508,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AMZN shares. Citigroup restated an "overweight" rating on shares of Amazon.com in a report on Wednesday, August 13th. Cowen restated a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Evercore ISI restated an "outperform" rating and set a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Scotiabank upped their target price on shares of Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Two investment 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's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $262.87.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 4,784 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the completion of the transaction, the chief executive officer directly owned 510,255 shares in the company, valued at $118,542,441.60. The trade was a 0.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the company's stock in a transaction 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 sale, the insider directly owned 883,779,901 shares of the company's stock, valued at $203,649,402,587.43. The trade was a 0.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,012,284 shares of company stock valued at $5,656,976,492 over the last quarter. 9.70% of the stock is owned by company insiders.

Amazon.com Trading Up 3.1%

AMZN traded up $6.89 on Friday, reaching $228.84. 37,264,095 shares of the company traded hands, compared to its average volume of 46,830,960. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a fifty day simple moving average of $222.30 and a two-hundred day simple moving average of $208.35. The company has a market cap of $2.44 trillion, a P/E ratio of 34.88, a price-to-earnings-growth ratio of 1.49 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect 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.