Hirtle Callaghan & Co LLC Makes New Investment in Amazon.com, Inc. $AMZN

Key Points

• Hirtle Callaghan & Co LLC has acquired a new stake in Amazon.com, purchasing 2,913 shares valued at approximately $554,000 in the first quarter.
• A recent report shows Amazon's earnings per share for the last quarter exceeded analysts' expectations at $1.68, alongside a revenue of $167.70 billion, marking a 13.3% increase year-over-year.
• Despite a cut from "strong-buy" to "hold" by Zacks, most analysts still view Amazon positively, with forty-six analysts giving it a "Buy" rating and an average price target of $262.87.

Hirtle Callaghan & Co LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,913 shares of the e-commerce giant's stock, valued at approximately $554,000.

A number of other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC raised its stake in shares of Amazon.com by 61.3% in the first quarter. AlphaCore Capital LLC now owns 77,102 shares of the e-commerce giant's stock valued at $14,669,000 after acquiring an additional 29,299 shares during the last quarter. WBH Advisory Inc. raised its stake in shares of Amazon.com by 1.3% in the first quarter. WBH Advisory Inc. now owns 16,652 shares of the e-commerce giant's stock valued at $3,168,000 after acquiring an additional 214 shares during the last quarter. Flagship Wealth Advisors LLC grew its holdings in shares of Amazon.com by 2.5% during the first quarter. Flagship Wealth Advisors LLC now owns 5,773 shares of the e-commerce giant's stock worth $1,098,000 after purchasing an additional 140 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Amazon.com by 12.6% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,873,178 shares of the e-commerce giant's stock worth $3,400,551,000 after purchasing an additional 2,004,112 shares during the last quarter. Finally, Y.D. More Investments Ltd grew its holdings in shares of Amazon.com by 24.9% during the first quarter. Y.D. More Investments Ltd now owns 98,280 shares of the e-commerce giant's stock worth $18,698,000 after purchasing an additional 19,601 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the topic of several research analyst reports. Cowen restated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Jefferies Financial Group increased their target price on Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. HSBC upped their price target on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Finally, Truist Financial upped their price target on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Trading Down 1.4%

NASDAQ AMZN traded down $3.35 during trading on Friday, reaching $232.33. 36,684,807 shares of the stock traded hands, compared to its average volume of 32,905,296. The stock's 50-day moving average price is $225.74 and its 200 day moving average price is $208.00. 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 firm has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.56 and a beta of 1.30. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 return on equity of 23.84% and a net margin of 10.54%.The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% 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. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 in the last quarter. Company insiders own 9.70% 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.