Amazon.com, Inc. $AMZN Stock Position Increased by Los Angeles Capital Management LLC

Key Points

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Los Angeles Capital Management LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,345,995 shares of the e-commerce giant's stock after purchasing an additional 273,754 shares during the period. Amazon.com accounts for about 3.7% of Los Angeles Capital Management LLC's portfolio, making the stock its 4th biggest position. Los Angeles Capital Management LLC's holdings in Amazon.com were worth $826,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Amazon.com by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after purchasing an additional 17,635,391 shares during the period. FMR LLC raised its holdings in shares of Amazon.com by 0.5% in the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after buying an additional 1,725,664 shares during the period. Geode Capital Management LLC raised its holdings in shares of Amazon.com by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after buying an additional 5,015,380 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after buying an additional 4,087,933 shares during the period. Finally, Norges Bank purchased a new stake in shares of Amazon.com in the fourth quarter worth approximately $27,266,582,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders sold 25,012,284 shares of company stock worth $5,656,976,492. Corporate insiders own 9.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AMZN. Royal Bank Of Canada increased their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Moffett Nathanson increased their price target on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. UBS Group reiterated a "buy" rating and issued a $271.00 price target (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Stifel Nicolaus increased their price target on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Finally, Wedbush increased their price target on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Amazon.com Stock Down 1.0%

Shares of AMZN traded down $2.2180 during trading hours on Thursday, hitting $221.5920. The company had a trading volume of 20,074,784 shares, compared to its average volume of 44,516,859. The company has a market capitalization of $2.36 trillion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. 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 one year low of $161.38 and a one year high of $242.52. The company's fifty day moving average price is $222.12 and its two-hundred day moving average price is $208.46.

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 the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com 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.