First Heartland Consultants Inc. Has $10.06 Million Holdings in Amazon.com, Inc. $AMZN

First Heartland Consultants Inc. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,896 shares of the e-commerce giant's stock after selling 2,128 shares during the period. Amazon.com comprises 1.0% of First Heartland Consultants Inc.'s portfolio, making the stock its 22nd biggest position. First Heartland Consultants Inc.'s holdings in Amazon.com were worth $10,064,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com in the fourth quarter valued at about $27,000. LSV Asset Management acquired a new stake in Amazon.com in the 4th quarter valued at about $35,000. Perritt Capital Management Inc raised its stake in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after acquiring an additional 80 shares during the last quarter. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the first quarter valued at approximately $40,000. Institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In other 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 sale, the insider directly owned 897,722,088 shares of the company's stock, 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 filing with the SEC, which is available at this link. Insiders sold a total of 25,097,911 shares of company stock worth $5,675,986,299 over the last 90 days. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

AMZN has been the subject of several research reports. Canaccord Genuity Group reissued a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. BNP Paribas upgraded shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the company a "buy" rating in a research note on Tuesday, July 8th. BMO Capital Markets lifted their price target on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Susquehanna boosted their price objective on Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Stock Up 0.1%

Shares of Amazon.com stock traded up $0.15 on Wednesday, reaching $228.86. 12,887,969 shares of the company were exchanged, compared to its average volume of 44,108,418. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. 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 company has a 50-day moving average of $223.15 and a 200 day moving average of $207.99. The company 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.

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 (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company's quarterly revenue was up 13.3% compared to the same quarter last year. 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. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.