Crystal Rock Capital Management Purchases 3,325 Shares of Amazon.com, Inc. $AMZN

Key Points

• Crystal Rock Capital Management increased its stake in Amazon.com by 6.2%, owning 57,195 shares valued at approximately $10.88 million, making Amazon the third largest position in its portfolio.
• Amazon.com reported an earnings per share (EPS) of $1.68 for the latest quarter, surpassing analyst expectations, with revenues up 13.3% year-over-year at $167.70 billion.
• Recent analyst ratings show a consensus "Buy" rating for Amazon's stock, with a price target increase from several firms, setting the average target at $262.87.

Crystal Rock Capital Management increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,195 shares of the e-commerce giant's stock after purchasing an additional 3,325 shares during the quarter. Amazon.com makes up about 7.4% of Crystal Rock Capital Management's portfolio, making the stock its 3rd biggest position. Crystal Rock Capital Management's holdings in Amazon.com were worth $10,882,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC grew its position in shares of 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 acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG grew its position in shares of Amazon.com by 2.8% during the 4th 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 during the period. Highview Capital Management LLC DE grew its position in shares of Amazon.com by 5.5% during the 4th 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 during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com during the 4th quarter valued at about $2,153,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

AMZN has been the topic of a number of research reports. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Robert W. Baird raised their target price on shares of Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. Morgan Stanley reissued an "overweight" rating and issued a $300.00 target price on shares of Amazon.com in a research note on Thursday, August 14th. Tigress Financial raised their target price on shares of Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Finally, Royal Bank Of Canada raised their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Two 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. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and an average price target of $262.87.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 2,643,142 shares of the business's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the transaction, the insider owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the company's stock in a transaction dated Friday, August 15th. The shares were 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 $118,542,441.60. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,012,284 shares of company stock worth $5,656,976,492 over the last 90 days. Insiders own 9.70% of the company's stock.

Amazon.com Trading Up 3.0%

NASDAQ AMZN traded up $6.6690 on Friday, reaching $228.6190. The stock had a trading volume of 23,563,066 shares, compared to its average volume of 44,459,570. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.82, a P/E/G ratio of 1.51 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 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 stock has a fifty day moving average price of $222.30 and a two-hundred day moving average price of $208.35.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The business 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 company's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.