Gerber Kawasaki Wealth & Investment Management Buys 5,160 Shares of Amazon.com, Inc. $AMZN

Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 182,610 shares of the e-commerce giant's stock after purchasing an additional 5,160 shares during the period. Amazon.com comprises approximately 1.6% of Gerber Kawasaki Wealth & Investment Management's portfolio, making the stock its 18th biggest position. Gerber Kawasaki Wealth & Investment Management's holdings in Amazon.com were worth $34,743,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bare Financial Services Inc boosted its holdings in shares of Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock worth $177,000 after acquiring an additional 48 shares during the period. Talisman Wealth Advisors LLC boosted its holdings in shares of Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC boosted its stake in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after buying an additional 55 shares during the period. Hamel Associates Inc. boosted its stake in Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after buying an additional 55 shares during the period. Finally, CWC Advisors LLC. boosted its stake in Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after buying an additional 56 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research analyst reports. Westpark Capital reissued a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Roth Capital set a $250.00 price objective on Amazon.com and gave the company a "buy" rating in a research note on Tuesday, July 8th. Moffett Nathanson lifted their price objective on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. HSBC lifted their price objective on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Finally, BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective for the company in a research note on Friday, June 27th. 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. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $262.87.

Amazon.com Trading Down 0.2%

Shares of AMZN stock opened at $229.95 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 $226.77 and a two-hundred day moving average price of $208.52. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a market cap of $2.45 trillion, a P/E ratio of 35.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30.

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 the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for 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 company's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated 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 transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. 9.70% of the stock is currently owned by insiders.

Amazon.com Company 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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