Amazon.com, Inc. $AMZN Shares Bought by Invesco Ltd.

Invesco Ltd. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,943,904 shares of the e-commerce giant's stock after purchasing an additional 2,352,442 shares during the period. Amazon.com accounts for approximately 2.2% of Invesco Ltd.'s portfolio, making the stock its 4th largest position. Invesco Ltd. owned 0.56% of Amazon.com worth $11,404,927,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMZN. Brighton Jones LLC boosted its stake in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after acquiring an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in Amazon.com by 2.8% in 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 acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE boosted its stake in 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 valued at $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com in the fourth quarter valued at $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last 90 days. Insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

NASDAQ:AMZN traded down $1.80 during mid-day trading on Friday, reaching $228.15. The stock had a trading volume of 38,434,486 shares, compared to its average volume of 32,713,818. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The business has a 50 day simple moving average of $226.87 and a 200 day simple moving average of $208.62.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Barclays upped their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the company a "buy" rating in a research note on Tuesday, July 8th. Truist Financial increased their target price on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Finally, Pivotal Research increased their target price on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Amazon.com has an average rating of "Buy" and a consensus price target of $262.87.

About Amazon.com

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.