Zweig DiMenna Associates LLC Has $55.96 Million Stock Position in Amazon.com, Inc. $AMZN

Zweig DiMenna Associates LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 294,109 shares of the e-commerce giant's stock after purchasing an additional 11,100 shares during the period. Amazon.com comprises about 8.9% of Zweig DiMenna Associates LLC's investment portfolio, making the stock its biggest holding. Zweig DiMenna Associates LLC's holdings in Amazon.com were worth $55,957,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC grew its position in Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock valued at $72,061,766,000 after buying an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC boosted its stake in Amazon.com by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock valued at $44,837,256,000 after purchasing an additional 5,015,380 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Amazon.com by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock valued at $40,107,544,000 after purchasing an additional 4,087,933 shares during the period. Norges Bank bought a new position in Amazon.com during the fourth quarter valued at about $27,266,582,000. Finally, Northern Trust Corp lifted its stake in Amazon.com by 14.0% during the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN traded up $0.15 during trading hours on Wednesday, reaching $228.86. 12,887,969 shares of the company traded hands, compared to its average volume of 44,108,418. The stock's fifty day moving average is $223.15 and its 200 day moving average is $207.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The stock has a market cap of $2.44 trillion, a P/E ratio of 34.92, a price-to-earnings-growth 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. The business 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%.Amazon.com's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AMZN. UBS Group restated a "buy" rating and set a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Telsey Advisory Group restated an "outperform" rating and issued a $265.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Rosenblatt Securities raised their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Benchmark reissued a "buy" rating and set a $260.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Finally, Westpark Capital reiterated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $262.87.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 6,835 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the sale, the chief executive officer owned 520,507 shares of the company's stock, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,675,986,299 in the last 90 days. 10.80% of the stock is currently owned by insiders.

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.