11 Capital Partners LP Increases Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• 11 Capital Partners LP increased its stake in Amazon.com by 56.6% in the first quarter, making Amazon the largest position in its portfolio, valued at approximately $34.7 million.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon stock for nearly $961 million, representing a 0.47% decrease in his ownership percentage.
• Amazon's latest quarterly earnings showed an EPS of $1.68, exceeding estimates and reflecting a 13.3% year-over-year revenue increase to $167.7 billion.

11 Capital Partners LP raised its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 56.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 182,379 shares of the e-commerce giant's stock after buying an additional 65,900 shares during the quarter. Amazon.com comprises about 11.5% of 11 Capital Partners LP's holdings, making the stock its largest position. 11 Capital Partners LP's holdings in Amazon.com were worth $34,699,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Amazon.com by 10.9% during the 4th 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 in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of 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 worth $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG raised 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 valued at $442,481,000 after acquiring an additional 54,987 shares during the period. Highview Capital Management LLC DE increased its stake 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 buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com during the 4th quarter worth $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Pivotal Research upped their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 1st. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Robert W. Baird boosted their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Royal Bank Of Canada increased their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Finally, Monness Crespi & Hardt increased their price target on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $262.87.

Amazon.com Stock Down 0.8%

NASDAQ AMZN traded down $1.80 during trading on Friday, reaching $228.15. 38,434,486 shares of the company's stock were exchanged, compared to its average volume of 32,713,818. The company has a 50 day moving average price of $226.87 and a two-hundred day moving average price of $208.62. The stock has a market cap of $2.43 trillion, a P/E ratio of 34.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. 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, 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 released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. The business's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction on 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 owned 49,000 shares of the company's stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer owned 518,007 shares of the company's stock, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is currently owned by insiders.

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.