Texas Yale Capital Corp. Buys 1,607 Shares of Amazon.com, Inc. $AMZN

Key Points

• Texas Yale Capital Corp. increased its stake in Amazon.com, Inc. by 4.4%, owning 38,430 shares valued at $7.31 million after purchasing an additional 1,607 shares.
• Analysts maintain a consensus rating of "Buy" for Amazon, with target prices ranging from $253.00 to $280.00, reflecting strong bullish sentiment among brokerages.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon stock for approximately $960 million, reducing his ownership by 0.47%, but he still retains over 897 million shares.

Texas Yale Capital Corp. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,430 shares of the e-commerce giant's stock after acquiring an additional 1,607 shares during the period. Texas Yale Capital Corp.'s holdings in Amazon.com were worth $7,312,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Prudent Man Investment Management Inc. bought a new position in Amazon.com in the fourth quarter valued at about $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the fourth quarter valued at about $35,000. Perritt Capital Management Inc boosted its stake in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 80 shares in the last quarter. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter valued at about $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter valued at about $40,000. Institutional investors own 72.20% of the company's stock.

Insider Activity

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate insiders own 9.70% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Cowen reissued a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, Susquehanna lifted their price objective on Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $262.87.

Amazon.com Stock Up 1.1%

Shares of NASDAQ AMZN traded up $2.48 during midday trading on Thursday, hitting $231.60. 33,645,386 shares of the stock traded hands, compared to its average volume of 44,096,445. The company has a market cap of $2.47 trillion, a PE ratio of 35.30, a P/E/G ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The business has a 50 day moving average price of $223.48 and a two-hundred day moving average price of $208.13. 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 released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current 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.