Tiller Private Wealth Inc. Acquires 1,093 Shares of Amazon.com, Inc. $AMZN

Key Points

• Tiller Private Wealth Inc. increased its stake in Amazon.com by 11.0%, acquiring an additional 1,093 shares, bringing its total holdings to 11,012 shares, valued at approximately $2,095,000.
• Amazon's insider Jeffrey P. Bezos sold over 4.27 million shares for nearly $961 million, reducing his ownership by 0.47%. In total, insiders sold about 25 million shares valued at $5.7 billion in the last quarter.
• Analysts have been bullish on Amazon, with a consensus buy rating and an average price target of $262.87, with recent upgrades from firms like Scotiabank and Bank of America.

Tiller Private Wealth Inc. raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,012 shares of the e-commerce giant's stock after purchasing an additional 1,093 shares during the quarter. Amazon.com makes up approximately 0.9% of Tiller Private Wealth Inc.'s portfolio, making the stock its 15th largest holding. Tiller Private Wealth Inc.'s holdings in Amazon.com were worth $2,095,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Probity Advisors Inc. lifted its holdings in Amazon.com by 3.1% during the first quarter. Probity Advisors Inc. now owns 12,112 shares of the e-commerce giant's stock valued at $2,304,000 after purchasing an additional 367 shares during the last quarter. Empire Life Investments Inc. lifted its holdings in Amazon.com by 5.8% during the first quarter. Empire Life Investments Inc. now owns 367,013 shares of the e-commerce giant's stock valued at $69,828,000 after purchasing an additional 20,089 shares during the last quarter. ING Groep NV lifted its holdings in Amazon.com by 80.8% during the first quarter. ING Groep NV now owns 1,529,631 shares of the e-commerce giant's stock valued at $291,028,000 after purchasing an additional 683,468 shares during the last quarter. Earned Wealth Advisors LLC lifted its holdings in Amazon.com by 56.0% during the first quarter. Earned Wealth Advisors LLC now owns 30,638 shares of the e-commerce giant's stock valued at $5,829,000 after purchasing an additional 11,000 shares during the last quarter. Finally, SGL Investment Advisors Inc. lifted its holdings in Amazon.com by 72.1% during the first quarter. SGL Investment Advisors Inc. now owns 5,134 shares of the e-commerce giant's stock valued at $986,000 after purchasing an additional 2,151 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company'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 transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

Shares of AMZN stock traded down $3.35 during trading on Friday, hitting $232.33. The company had a trading volume of 36,684,807 shares, compared to its average volume of 32,905,296. 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's 50-day moving average is $225.74 and its two-hundred day moving average is $208.13. The stock has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several recent research reports. Scotiabank upped their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Wells Fargo & Company increased their price target on shares of Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 29th. Westpark Capital reissued a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Jefferies Financial Group increased their price target on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Finally, Bank of America increased their price target on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $262.87.

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.