Amazon.com, Inc. $AMZN Shares Acquired by Founders Financial Alliance LLC

Founders Financial Alliance LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 43,073 shares of the e-commerce giant's stock after acquiring an additional 4,136 shares during the period. Amazon.com makes up approximately 2.0% of Founders Financial Alliance LLC's holdings, making the stock its 5th largest holding. Founders Financial Alliance LLC's holdings in Amazon.com were worth $8,195,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Western Wealth Management LLC increased its holdings in 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. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth approximately $514,000. Bearing Point Capital LLC bought a new stake in shares of Amazon.com in the fourth quarter worth $12,014,000. Evergreen Capital Management LLC boosted its stake in Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after acquiring an additional 1,198 shares during the last quarter. Finally, Keyvantage Wealth LLC acquired a new position in Amazon.com during the 4th quarter worth $2,735,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on AMZN. Monness Crespi & Hardt boosted their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Citizens Jmp began coverage on Amazon.com in a report on Thursday, July 10th. They issued a "strong-buy" rating for the company. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Barclays lifted their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded down $0.38 during trading hours on Thursday, hitting $229.95. The stock had a trading volume of 37,394,963 shares, compared to its average volume of 33,916,828. The stock's fifty day simple moving average is $226.77 and its 200 day simple moving average is $208.52. The firm has a market capitalization of $2.45 trillion, a price-to-earnings ratio of 35.05, a PEG ratio of 1.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

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

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction 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 transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last ninety days. Corporate insiders own 9.70% of the company's stock.

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.