Amazon.com, Inc. $AMZN Stock Holdings Increased by Elyxium Wealth LLC

Elyxium Wealth LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 50.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,579 shares of the e-commerce giant's stock after purchasing an additional 9,639 shares during the quarter. Amazon.com accounts for approximately 2.4% of Elyxium Wealth LLC's holdings, making the stock its 9th biggest position. Elyxium Wealth LLC's holdings in Amazon.com were worth $5,437,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the 4th quarter worth about $25,000. Prudent Man Investment Management Inc. purchased a new position in Amazon.com in the 4th quarter worth about $27,000. LSV Asset Management purchased a new position in Amazon.com in the 4th quarter worth about $35,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the 1st quarter worth about $36,000. Finally, Inlight Wealth Management LLC purchased a new position in Amazon.com in the 1st quarter worth about $40,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction that occurred on 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 transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 25,025,854 shares of company stock valued at $5,659,723,195. Corporate insiders own 10.80% of the company's stock.

Amazon.com Price Performance

AMZN stock traded down $3.7930 during midday trading on Wednesday, hitting $224.2170. The company's stock had a trading volume of 19,696,742 shares, compared to its average volume of 44,564,785. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.19, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. The company has a 50 day moving average of $221.91 and a two-hundred day moving average 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 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the company posted $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. On average, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent analyst reports. Piper Sandler boosted their target price on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Needham & Company LLC reissued a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Oppenheimer decreased their target price on Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a research report on Friday, August 1st. Truist Financial boosted their target price on Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Finally, Cantor Fitzgerald upped their price target on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus 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.