Stevens Capital Management LP Raises Stock Holdings in Amazon.com, Inc. $AMZN

Stevens Capital Management LP increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 214.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,655 shares of the e-commerce giant's stock after buying an additional 22,967 shares during the quarter. Amazon.com accounts for about 1.6% of Stevens Capital Management LP's portfolio, making the stock its 16th largest position. Stevens Capital Management LP's holdings in Amazon.com were worth $6,403,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Talisman Wealth Advisors LLC increased its position in Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after buying an additional 53 shares in the last quarter. SWAN Capital LLC increased its position in Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after buying an additional 55 shares in the last quarter. Hamel Associates Inc. increased its position in Amazon.com by 1.4% during the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after buying an additional 55 shares in the last quarter. Lokken Investment Group LLC increased its position in Amazon.com by 1.5% during the 4th quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock valued at $848,000 after buying an additional 56 shares in the last quarter. Finally, CWC Advisors LLC. increased its position in Amazon.com by 3.1% during the 4th quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after buying an additional 56 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMZN. Evercore ISI reaffirmed an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. DA Davidson boosted their price target on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 1st. BMO Capital Markets boosted their price target on Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Morgan Stanley reiterated an "overweight" rating and set a $300.00 price target on shares of Amazon.com in a research note on Thursday, August 14th. Finally, Susquehanna boosted their price target on Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research note on Friday, August 1st. Two equities research 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. Based on data from MarketBeat, Amazon.com presently has an average rating of "Buy" and an average target price of $262.87.

Amazon.com Stock Performance

Shares of AMZN traded up $2.48 during mid-day trading on Thursday, reaching $231.60. The company had a trading volume of 33,650,159 shares, compared to its average volume of 46,110,316. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.47 trillion, a P/E ratio of 35.30, a PEG ratio of 1.54 and a beta of 1.31. The stock has a 50 day moving average of $223.86 and a two-hundred day moving average of $208.12.

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, topping 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 prior year, the business earned $1.26 earnings per share. The company's 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 expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. 9.70% of the stock is owned by insiders.

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.