IFP Advisors Inc Boosts Holdings in Amazon.com, Inc. $AMZN

IFP Advisors Inc boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,579 shares of the e-commerce giant's stock after purchasing an additional 11,127 shares during the period. Amazon.com comprises about 1.0% of IFP Advisors Inc's holdings, making the stock its 9th largest holding. IFP Advisors Inc's holdings in Amazon.com were worth $32,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of 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 acquiring an additional 17,635,391 shares during the last quarter. FMR LLC increased its position in shares of Amazon.com by 0.5% during 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 increased its position in shares of Amazon.com by 2.5% during 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 increased its position in shares of Amazon.com by 2.3% during 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 acquired a new stake in shares of Amazon.com during the fourth quarter worth $27,266,582,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 1.7%

Amazon.com stock traded down $3.8790 during midday trading on Wednesday, hitting $224.1310. 19,696,742 shares of the stock were exchanged, compared to its average volume of 44,564,785. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock 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 business's 50-day moving average price is $221.91 and its 200-day moving average price is $208.35. 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 (NASDAQ:AMZN - Get Free Report) last released 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 net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the previous year, the company earned $1.26 earnings per share. 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, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Piper Sandler increased their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. BNP Paribas Exane upgraded shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective for the company in a research report on Friday, June 27th. Barclays increased their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Citigroup restated an "overweight" rating on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Moffett Nathanson raised their price target on shares of Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. 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 company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $262.87.

Insiders Place Their Bets

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 shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 25,025,854 shares of company stock valued at $5,659,723,195 in the last 90 days. 10.80% of the stock is owned by insiders.

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.