One Wealth Advisors LLC Boosts Stake in Amazon.com, Inc. $AMZN

Key Points

• One Wealth Advisors LLC increased its holdings in Amazon.com by 7.7% in Q1, acquiring a total of 16,092 shares valued at approximately $3.06 million.
• Several analysts have revised their price targets for Amazon.com, with the consensus now sitting at $262.87, signaling a generally positive outlook on the stock.
• Insider trading activity included a significant sale by CEO Douglas J. Herrington of 4,784 shares and by Jeffrey P. Bezos of over 2.6 million shares, amounting to about $609 million.

One Wealth Advisors LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,092 shares of the e-commerce giant's stock after purchasing an additional 1,155 shares during the quarter. One Wealth Advisors LLC's holdings in Amazon.com were worth $3,062,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Innova Wealth Partners raised its holdings in Amazon.com by 2.2% in the 1st quarter. Innova Wealth Partners now owns 3,170 shares of the e-commerce giant's stock valued at $603,000 after buying an additional 68 shares during the last quarter. Journey Strategic Wealth LLC increased its position in Amazon.com by 12.7% in the 1st quarter. Journey Strategic Wealth LLC now owns 55,228 shares of the e-commerce giant's stock valued at $10,508,000 after acquiring an additional 6,238 shares during the period. SFE Investment Counsel increased its position in Amazon.com by 11.8% in the 1st quarter. SFE Investment Counsel now owns 73,177 shares of the e-commerce giant's stock valued at $13,923,000 after acquiring an additional 7,752 shares during the period. AJ Advisors LLC raised its stake in shares of Amazon.com by 3.7% during the first quarter. AJ Advisors LLC now owns 3,453 shares of the e-commerce giant's stock valued at $657,000 after acquiring an additional 123 shares during the last quarter. Finally, Carnegie Investment Counsel lifted its holdings in shares of Amazon.com by 3.5% during the first quarter. Carnegie Investment Counsel now owns 454,057 shares of the e-commerce giant's stock worth $79,645,000 after purchasing an additional 15,426 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AMZN shares. Needham & Company LLC restated a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Morgan Stanley reissued an "overweight" rating and issued a $300.00 price target on shares of Amazon.com in a research note on Thursday, August 14th. UBS Group reaffirmed 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. Jefferies Financial Group increased their target price on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Finally, Barclays raised their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a report 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 assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $262.87.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the completion of the sale, the chief executive officer directly owned 510,255 shares of the company's stock, valued at approximately $118,542,441.60. The trade was a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total value of $609,059,211.06. Following the completion of the transaction, the insider owned 883,779,901 shares in the company, valued at $203,649,402,587.43. This represents a 0.30% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Up 3.1%

Amazon.com stock traded up $6.89 during mid-day trading on Friday, reaching $228.84. The stock had a trading volume of 37,264,095 shares, compared to its average volume of 46,830,960. The firm has a market capitalization of $2.44 trillion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock's 50-day simple moving average is $222.63 and its 200-day simple moving average is $208.07. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com'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, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.