Amazon.com, Inc. $AMZN Shares Bought by Jackson Hole Capital Partners LLC

Key Points

• Jackson Hole Capital Partners LLC increased its stake in Amazon.com, Inc. by 6.5%, now holding 43,566 shares worth approximately $8.29 million, making it the firm's 10th largest position.
• Amazon reported $1.68 EPS for its last quarter, exceeding consensus estimates by $0.37, with a revenue of $167.70 billion, reflecting a 13.3% year-over-year increase.
• Several analysts raised their price targets for Amazon, with the average target now at $262.87 and a consensus rating of "Buy" following positive earnings results.

Jackson Hole Capital Partners LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,566 shares of the e-commerce giant's stock after acquiring an additional 2,651 shares during the quarter. Amazon.com accounts for about 1.6% of Jackson Hole Capital Partners LLC's holdings, making the stock its 10th largest position. Jackson Hole Capital Partners LLC's holdings in Amazon.com were worth $8,289,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com during the fourth quarter valued at $27,000. LSV Asset Management purchased a new stake in Amazon.com in the 4th quarter worth about $35,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the 1st quarter worth about $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in Amazon.com during the 1st quarter worth about $40,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction dated 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 sale, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 25,097,911 shares of company stock valued at $5,675,986,299 in the last quarter. Insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Pivotal Research upped their target price on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 1st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Morgan Stanley reiterated an "overweight" rating and issued a $300.00 target price on shares of Amazon.com in a research report on Thursday, August 14th. Truist Financial lifted their target price on shares of Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Finally, 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. Two research 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 company. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Up 0.2%

NASDAQ AMZN traded up $0.41 on Wednesday, reaching $229.12. The stock had a trading volume of 21,212,142 shares, compared to its average volume of 46,697,256. The business has a 50 day moving average price of $223.48 and a 200 day moving average price of $208.13. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.93, a P/E/G ratio of 1.53 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The business's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, 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.