Amazon.com, Inc. $AMZN Shares Bought by Horizon Investment Services LLC

Key Points

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Horizon Investment Services LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 9.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,268 shares of the e-commerce giant's stock after buying an additional 2,222 shares during the quarter. Amazon.com makes up about 2.4% of Horizon Investment Services LLC's holdings, making the stock its 14th largest position. Horizon Investment Services LLC's holdings in Amazon.com were worth $4,998,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Western Wealth Management LLC raised its position in shares of Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Momentous Wealth Management Inc. acquired a new position in shares of Amazon.com in the fourth quarter worth $749,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter worth $514,000. Segall Bryant & Hamill LLC raised its holdings in shares of Amazon.com by 14.3% in the fourth quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock worth $69,572,000 after acquiring an additional 39,696 shares during the last quarter. Finally, Bearing Point Capital LLC acquired a new position in Amazon.com in the 4th quarter valued at about $12,014,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $230.43, for a total value of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the completion of the sale, the chief executive officer directly owned 510,255 shares of the company's stock, valued at $118,542,441.60. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,012,284 shares of company stock valued at $5,656,976,492 in the last three months. Company insiders own 9.70% of the company's stock.

Amazon.com Trading Up 2.2%

NASDAQ:AMZN traded up $4.8260 on Friday, hitting $226.7760. 9,347,488 shares of the stock were exchanged, compared to its average volume of 44,352,641. The stock has a market cap of $2.42 trillion, a PE ratio of 34.55, a PEG ratio of 1.51 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average of $222.30 and a 200-day moving average of $208.35. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the company a "buy" rating in a research report on Tuesday, July 8th. Pivotal Research boosted their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Morgan Stanley reiterated an "overweight" rating and issued a $300.00 price target on shares of Amazon.com in a report on Thursday, August 14th. Finally, Stifel Nicolaus boosted their price target on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Two equities research 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. According to data from MarketBeat, the company presently has an average 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.