Amazon.com, Inc. $AMZN Stock Position Lifted by Peterson Wealth Services

Key Points

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Peterson Wealth Services grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 58,784 shares of the e-commerce giant's stock after buying an additional 2,055 shares during the period. Amazon.com makes up 3.5% of Peterson Wealth Services' investment portfolio, making the stock its 6th largest holding. Peterson Wealth Services' holdings in Amazon.com were worth $11,184,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Brighton Jones LLC lifted its stake in shares of 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 buying an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Amazon.com by 4.1% in the 4th 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 in the last quarter. Bank Pictet & Cie Europe AG lifted its position in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE lifted its position in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The stock was 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 of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 25,012,284 shares of company stock valued at $5,656,976,492 in the last quarter. 9.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. JMP Securities reissued a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price on the stock in a research note on Friday, June 27th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Amazon.com in a research note 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 assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded up $4.8260 during trading hours on Friday, reaching $226.7760. 9,347,488 shares of the stock traded hands, compared to its average volume of 44,352,641. The company has a market capitalization of $2.42 trillion, a P/E ratio of 34.55, a price-to-earnings-growth ratio of 1.51 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company's 50-day simple moving average is $222.30 and its two-hundred day simple moving average is $208.35.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

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.