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Amazon.com, Inc. $AMZN Shares Bought by HWG Holdings LP

Amazon.com logo with Retail/Wholesale background

Key Points

  • HWG Holdings LP increased its stake in Amazon.com, Inc. by 5.9%, now owning 60,478 shares valued at approximately $13.27 million.
  • Amazon reported $1.68 earnings per share (EPS) for the last quarter, surpassing analysts' expectations of $1.31 EPS, with a revenue of $167.7 billion.
  • Insider selling has occurred recently, including CEO Andrew R. Jassy selling 19,872 shares and CFO Brian T. Olsavsky selling 17,750 shares, indicating potential shifts in insider confidence.
  • MarketBeat previews the top five stocks to own by October 1st.

HWG Holdings LP increased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 60,478 shares of the e-commerce giant's stock after purchasing an additional 3,389 shares during the period. Amazon.com makes up 3.9% of HWG Holdings LP's holdings, making the stock its 9th biggest holding. HWG Holdings LP's holdings in Amazon.com were worth $13,268,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC grew its position in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after purchasing an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE grew its holdings in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in shares of Amazon.com during the fourth quarter worth about $2,153,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 0.2%

Shares of NASDAQ:AMZN opened at $220.21 on Thursday. The company has a market capitalization of $2.35 trillion, a PE ratio of 33.57, a price-to-earnings-growth ratio of 1.47 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business has a fifty day moving average price of $227.68 and a two-hundred day moving average price of $209.83. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

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 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 during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The business's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% 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 three months. 9.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AMZN has been the topic of several research reports. JMP Securities restated a "market outperform" rating and set a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Bank of America boosted their price target on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, Piper Sandler boosted their price target on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $264.04.

Get Our Latest Stock Report on Amazon.com

Amazon.com Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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