Bridgeway Capital Management LLC Has $23.22 Million Stake in Amazon.com, Inc. $AMZN

Bridgeway Capital Management LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 15.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 122,030 shares of the e-commerce giant's stock after buying an additional 16,646 shares during the quarter. Amazon.com accounts for about 0.6% of Bridgeway Capital Management LLC's portfolio, making the stock its 13th largest position. Bridgeway Capital Management LLC's holdings in Amazon.com were worth $23,218,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Western Wealth Management LLC raised its position in shares of Amazon.com by 0.9% during the first 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 period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $514,000. Bearing Point Capital LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $12,014,000. Keyvantage Wealth LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $2,735,000. Finally, Colonial Trust Co SC raised its position in shares of Amazon.com by 5.9% during the fourth quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant's stock worth $13,399,000 after purchasing an additional 3,413 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 0.8%

AMZN stock opened at $228.15 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average price of $226.87 and a two-hundred day moving average price of $208.62. The company has a market cap of $2.43 trillion, a price-to-earnings ratio of 34.78, a P/E/G ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

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 for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The firm 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 business's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. 9.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Westpark Capital reaffirmed a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Oppenheimer dropped their target price on Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Robert W. Baird lifted their target price on Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. Bank of America lifted their target price on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus lifted their target price on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com 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.

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