Amazon.com, Inc. $AMZN Shares Bought by Anfield Capital Management LLC

Anfield Capital Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 247.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,184 shares of the e-commerce giant's stock after purchasing an additional 6,538 shares during the period. Amazon.com accounts for approximately 0.6% of Anfield Capital Management LLC's portfolio, making the stock its 28th largest position. Anfield Capital Management LLC's holdings in Amazon.com were worth $1,747,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the fourth quarter valued at $25,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter valued at $40,000. Capitol Family Office Inc. purchased a new stake in Amazon.com in the first quarter valued at $42,000. Finally, Harbor Investment Advisory LLC lifted its position in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after acquiring an additional 2,145 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMZN. DA Davidson boosted their price target on shares of Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Truist Financial upped their target price on shares of Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. UBS Group reaffirmed a "buy" rating and issued a $271.00 target price (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Finally, Pivotal Research upped their target price 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. 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. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Buy" and an average target price of $262.87.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $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 SEC, which is available at this link. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 over the last three months. Corporate insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN traded down $7.91 during trading hours on Wednesday, hitting $230.33. 60,798,520 shares of the stock were exchanged, compared to its average volume of 32,696,864. The company has a market cap of $2.46 trillion, a price-to-earnings ratio of 35.11, a price-to-earnings-growth ratio of 1.60 and a beta of 1.30. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a 50-day moving average of $226.43 and a 200 day moving average of $208.24. 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 (NASDAQ:AMZN - Get Free Report) last posted 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. The firm had revenue of $167.70 billion during 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%. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share 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.