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

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

Other institutional investors have also modified their holdings of the company. Castlekeep Investment Advisors LLC purchased a new position in shares of Amazon.com during the fourth quarter worth approximately $25,000. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com during the 4th quarter worth $27,000. LSV Asset Management purchased a new position in Amazon.com during the 4th quarter worth $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter valued at about $40,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction that occurred on 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 sale, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This trade represents 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 at the SEC website. Over the last three months, insiders have sold 25,097,911 shares of company stock worth $5,675,986,299. Corporate insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on AMZN. Pivotal Research increased their price target on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Jefferies Financial Group raised their target price on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Barclays increased their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Susquehanna boosted their target price on Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus target price of $262.87.

Amazon.com Price Performance

AMZN stock traded up $0.15 during trading on Wednesday, hitting $228.86. The stock had a trading volume of 12,887,969 shares, compared to its average volume of 44,108,418. The company's 50 day moving average price is $223.15 and its two-hundred day moving average price is $207.99. 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 price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. 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 announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $161.80 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.