One Wealth Advisors LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,092 shares of the e-commerce giant's stock after buying an additional 1,155 shares during the quarter. One Wealth Advisors LLC's holdings in Amazon.com were worth $3,062,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Western Wealth Management LLC increased its holdings in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Momentous Wealth Management Inc. bought a new stake in Amazon.com in the 4th quarter valued at $749,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter valued at $514,000. Bearing Point Capital LLC bought a new stake in Amazon.com in the 4th quarter valued at $12,014,000. Finally, Evergreen Capital Management LLC increased its holdings in Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after acquiring an additional 1,198 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.
Insider Activity at Amazon.com
In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com 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 completion of the transaction, the insider directly 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 25,097,911 shares of company stock worth $5,675,986,299. 9.70% of the stock is currently owned by insiders.
Amazon.com Trading Up 0.2%
Shares of AMZN stock traded up $0.41 during trading hours on Wednesday, reaching $229.12. 21,212,142 shares of the stock were exchanged, compared to its average volume of 46,697,256. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month 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 company's 50-day moving average price is $223.48 and its 200-day moving average price is $208.13. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.93, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 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 firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the previous year, the company earned $1.26 EPS. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages have issued reports on AMZN. HSBC lifted their price target on shares of Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the company a "buy" rating in a report on Tuesday, July 8th. Piper Sandler boosted their target price on shares of Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Robert W. Baird boosted their target price on shares of Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a report on Monday, July 21st. Finally, Citizens Jmp started coverage on shares of Amazon.com in a report on Thursday, July 10th. They issued a "strong-buy" rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Amazon.com has a consensus rating of "Buy" and a consensus price target of $262.87.
Check Out Our Latest Analysis on AMZN
About Amazon.com
(
Free Report)
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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