Amazon.com, Inc. $AMZN Shares Acquired by LTS One Management LP

LTS One Management LP lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 115,000 shares of the e-commerce giant's stock after purchasing an additional 11,000 shares during the quarter. Amazon.com accounts for about 6.5% of LTS One Management LP's investment portfolio, making the stock its 6th largest holding. LTS One Management LP's holdings in Amazon.com were worth $21,880,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Monterey Private Wealth Inc. grew its holdings in shares of Amazon.com by 1.3% during the first quarter. Monterey Private Wealth Inc. now owns 13,093 shares of the e-commerce giant's stock valued at $2,491,000 after buying an additional 163 shares in the last quarter. Oak Associates Ltd. OH grew its holdings in shares of Amazon.com by 3.4% during the first quarter. Oak Associates Ltd. OH now owns 590,703 shares of the e-commerce giant's stock valued at $112,387,000 after buying an additional 19,585 shares in the last quarter. Oarsman Capital Inc. grew its holdings in shares of Amazon.com by 10.7% during the first quarter. Oarsman Capital Inc. now owns 25,817 shares of the e-commerce giant's stock valued at $4,912,000 after buying an additional 2,486 shares in the last quarter. Broyhill Asset Management LLC grew its holdings in shares of Amazon.com by 4.0% during the first quarter. Broyhill Asset Management LLC now owns 3,214 shares of the e-commerce giant's stock valued at $611,000 after buying an additional 125 shares in the last quarter. Finally, Truvestments Capital LLC grew its holdings in shares of Amazon.com by 13.7% during the first quarter. Truvestments Capital LLC now owns 9,119 shares of the e-commerce giant's stock valued at $1,735,000 after buying an additional 1,096 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last 90 days. Insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

AMZN opened at $229.95 on Friday. The company has a market cap of $2.45 trillion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The stock has a 50-day moving average of $226.77 and a 200-day moving average of $208.52. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. 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 (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 (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AMZN shares. Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Telsey Advisory Group reiterated an "outperform" rating and set a $265.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Truist Financial lifted their price target on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Needham & Company LLC reiterated a "buy" rating and set a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target on the stock in a report on Friday, June 27th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $262.87.

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.

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