AGP Franklin LLC Buys 5,273 Shares of Amazon.com, Inc. $AMZN

Key Points

• AGP Franklin LLC increased its holdings in Amazon.com, Inc. by 17.6%, acquiring an additional 5,273 shares during the first quarter, bringing its total to 35,172 shares valued at approximately $6.3 million.
• Wall Street analysts maintain a generally positive outlook on Amazon, with the stock receiving multiple "buy" ratings and an average price target of $262.87 as per recent reports.
• Amazon's shares recently traded up to $231.60, and the company reported a year-over-year revenue increase of 13.3%, with quarterly earnings surpassing analysts' expectations.

AGP Franklin LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 17.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,172 shares of the e-commerce giant's stock after acquiring an additional 5,273 shares during the period. Amazon.com comprises approximately 3.9% of AGP Franklin LLC's portfolio, making the stock its 3rd largest position. AGP Franklin LLC's holdings in Amazon.com were worth $6,317,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Prudent Man Investment Management Inc. purchased a new stake in Amazon.com in the fourth quarter valued at $27,000. LSV Asset Management purchased a new stake in Amazon.com in the fourth quarter valued at $35,000. Perritt Capital Management Inc lifted its position in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after acquiring an additional 80 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in Amazon.com in the first quarter valued at $36,000. Finally, Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at $40,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of Amazon.com stock traded down $2.60 on Friday, reaching $229.00. 26,167,914 shares of the stock were exchanged, compared to its average volume of 37,773,448. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. 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 business has a fifty day moving average price of $224.25 and a two-hundred day moving average price of $207.79. The firm has a market capitalization of $2.44 trillion, a PE ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (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 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 business posted $1.26 earnings per share. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold 25,097,911 shares of company stock worth $5,675,986,299 in the last quarter. Insiders own 10.80% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on AMZN shares. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Robert W. Baird lifted their price objective 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. UBS Group restated a "buy" rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. HSBC lifted their price objective on shares of Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Finally, Westpark Capital restated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Two 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 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.