Amazon.com, Inc. $AMZN is Alliancebernstein L.P.'s 3rd Largest Position

Key Points

• Alliancebernstein L.P. increased its stake in Amazon by 1.5%, owning 57,797,169 shares, which now constitutes about 4.0% of its portfolio.
• Amazon reported earnings of $1.68 per share for the last quarter, exceeding expectations, with revenue reaching $167.70 billion.
• Wall Street analysts maintain a positive outlook on Amazon, with a consensus price target of $262.87 and a majority rating of "Buy" among 50 analysts.

Alliancebernstein L.P. raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,797,169 shares of the e-commerce giant's stock after purchasing an additional 839,280 shares during the quarter. Amazon.com makes up approximately 4.0% of Alliancebernstein L.P.'s portfolio, making the stock its 3rd largest holding. Alliancebernstein L.P. owned 0.54% of Amazon.com worth $10,996,489,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of AMZN. Brighton Jones LLC raised its stake in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC grew its holdings in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG increased its position in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its holdings in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of AMZN stock traded down $1.80 during trading hours on Friday, hitting $228.15. 38,434,486 shares of the company's stock were exchanged, compared to its average volume of 32,713,818. The company has a market capitalization of $2.43 trillion, a PE ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30. 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 business's 50 day simple moving average is $226.87 and its 200-day simple moving average is $208.62.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the sale, the insider owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. 9.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AMZN shares. Susquehanna upped their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a report on Friday, August 1st. Monness Crespi & Hardt upped their price target on shares of Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Citizens Jmp started coverage on Amazon.com in a research report on Thursday, July 10th. They set a "strong-buy" rating for the company. Wells Fargo & Company lifted their price target on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 29th. Finally, BNP Paribas upgraded shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com has an average rating of "Buy" and an average target price of $262.87.

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.