Amazon.com, Inc. $AMZN Shares Acquired by Carrera Capital Advisors

Key Points

• Carrera Capital Advisors increased its stake in Amazon.com by 12.4%, now owning 20,079 shares valued at approximately $3.82 million, making it the 20th largest position in their portfolio.
• Amazon reported a quarterly EPS of $1.68, surpassing estimates by $0.37, with revenue of $167.70 billion reflecting a 13.3% year-over-year growth.
• Analysts have raised their price targets for Amazon, with a consensus rating of "Buy" and an average target price of $262.87.

Carrera Capital Advisors grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 20,079 shares of the e-commerce giant's stock after purchasing an additional 2,209 shares during the period. Amazon.com makes up approximately 0.8% of Carrera Capital Advisors' holdings, making the stock its 20th largest position. Carrera Capital Advisors' holdings in Amazon.com were worth $3,820,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. bought a new stake in shares of Amazon.com during the 4th quarter valued at $27,000. LSV Asset Management bought a new stake in shares of Amazon.com during the 4th quarter valued at $35,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at $36,000. Finally, Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at $40,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Up 1.1%

NASDAQ AMZN traded up $2.48 during midday trading on Thursday, hitting $231.60. 33,645,386 shares of the company traded hands, compared to its average volume of 44,096,445. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market cap of $2.47 trillion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. The company's 50-day simple moving average is $223.48 and its 200-day simple moving average is $208.13. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate 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 net margin of 10.54% and a return on equity of 23.84%. Amazon.com's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm earned $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.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock worth $5,675,986,299 in the last 90 days. 9.70% of the stock is owned by insiders.

Analyst Ratings Changes

AMZN has been the subject of a number of recent research reports. DA Davidson boosted their price objective 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. Morgan Stanley reissued an "overweight" rating and set a $300.00 price objective on shares of Amazon.com in a research report on Thursday, August 14th. Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the stock a "buy" rating in a report on Tuesday, July 8th. Finally, Cowen reissued a "buy" rating on shares of Amazon.com in a report 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price 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.