Prescott Group Capital Management L.L.C. Purchases 1,460 Shares of Amazon.com, Inc. $AMZN

Prescott Group Capital Management L.L.C. grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 73.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,460 shares of the e-commerce giant's stock after purchasing an additional 1,460 shares during the period. Prescott Group Capital Management L.L.C.'s holdings in Amazon.com were worth $658,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Castlekeep Investment Advisors LLC acquired a new position in shares of Amazon.com during the fourth quarter valued at $25,000. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at $27,000. LSV Asset Management purchased a new position in Amazon.com in the 4th quarter worth about $35,000. Cooksen Wealth LLC acquired a new stake in Amazon.com during the 1st quarter worth about $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in Amazon.com during the first quarter valued at about $40,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN traded up $0.15 during trading hours on Wednesday, hitting $228.86. 12,887,969 shares of the company's stock were exchanged, compared to its average volume of 44,108,418. The company's 50-day moving average price is $223.15 and its 200-day moving average price is $207.99. The stock has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.92, a PEG ratio of 1.53 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. 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 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The company 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 last year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMZN. HSBC upped their price target on shares of Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Evercore ISI reaffirmed an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Piper Sandler lifted their price target on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Canaccord Genuity Group reissued a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, Pivotal Research lifted their target price on Amazon.com from $260.00 to $285.00 and gave the company a "buy" 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 MarketBeat, the stock has an average rating of "Buy" and an average price target of $262.87.

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.