Caliber Wealth Management LLC KS Makes New Investment in Amazon.com, Inc. $AMZN

Caliber Wealth Management LLC KS acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 30,284 shares of the e-commerce giant's stock, valued at approximately $5,762,000. Amazon.com comprises about 0.8% of Caliber Wealth Management LLC KS's holdings, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Freemont Management S.A. boosted its stake in shares of Amazon.com by 37.1% in the first quarter. Freemont Management S.A. now owns 36,200 shares of the e-commerce giant's stock valued at $6,887,000 after buying an additional 9,800 shares in the last quarter. Trilogy Capital Inc. increased its stake in shares of Amazon.com by 20.9% during the 1st quarter. Trilogy Capital Inc. now owns 11,653 shares of the e-commerce giant's stock worth $2,217,000 after purchasing an additional 2,011 shares in the last quarter. Denver PWM LLC raised its holdings in shares of Amazon.com by 131.9% in the first quarter. Denver PWM LLC now owns 3,094 shares of the e-commerce giant's stock worth $589,000 after acquiring an additional 1,760 shares during the last quarter. Westover Capital Advisors LLC raised its holdings in Amazon.com by 5.3% in the 1st quarter. Westover Capital Advisors LLC now owns 69,613 shares of the e-commerce giant's stock valued at $13,245,000 after acquiring an additional 3,511 shares during the last quarter. Finally, Assetmark Inc. lifted its position in Amazon.com by 5.8% during the first quarter. Assetmark Inc. now owns 1,779,058 shares of the e-commerce giant's stock worth $338,484,000 after buying an additional 97,042 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 0.1%

Amazon.com stock traded up $0.15 during midday trading on Wednesday, hitting $228.86. The stock had a trading volume of 12,887,969 shares, compared to its average volume of 44,108,418. The business has a fifty day moving average price of $223.15 and a 200 day moving average price of $207.99. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market cap of $2.44 trillion, a P/E ratio of 34.92, a P/E/G ratio of 1.53 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.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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 firm 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%. The firm's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AMZN shares. Needham & Company LLC reaffirmed a "buy" rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. HSBC upped their price objective on Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. Benchmark reiterated a "buy" rating and issued a $260.00 target price on shares of Amazon.com in a report on Friday, May 2nd. Bank of America boosted their price target 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, Tigress Financial boosted their price objective on Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. 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. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $262.87.

Insider Buying and Selling

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the sale, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 25,097,911 shares of company stock valued at $5,675,986,299 in the last three months. Insiders own 10.80% of the company's stock.

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.