Allen Investment Management LLC Purchases 10,208 Shares of Amazon.com, Inc. $AMZN

Allen Investment Management LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,211,038 shares of the e-commerce giant's stock after purchasing an additional 10,208 shares during the period. Amazon.com accounts for approximately 7.1% of Allen Investment Management LLC's investment portfolio, making the stock its 3rd biggest position. Allen Investment Management LLC's holdings in Amazon.com were worth $610,932,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Western Wealth Management LLC raised its position in Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com during the 1st quarter worth $514,000. Bearing Point Capital LLC bought a new position in Amazon.com during the 4th quarter worth $12,014,000. Evergreen Capital Management LLC raised its position in Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after purchasing an additional 2,196,353 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMZN has been the subject of several analyst reports. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Evercore ISI reissued an "outperform" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Wells Fargo & Company lifted their price objective on Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft lifted their price objective on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Finally, Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $262.87.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $227.94 on Tuesday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.75, a PEG ratio of 1.54 and a beta of 1.31. The business has a 50-day simple moving average of $222.87 and a 200 day simple moving average of $207.84. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business 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 company posted $1.26 EPS. The firm's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 25,097,911 shares of company stock worth $5,675,986,299. 10.80% of the stock is currently owned by insiders.

Amazon.com Company 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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