Integrity Investment Advisors LLC Takes Position in Amazon.com, Inc. $AMZN

Key Points

• Integrity Investment Advisors LLC acquired 4,918 shares of Amazon.com, Inc. during the first quarter, valued at approximately $936,000, making Amazon about 0.9% of their investment portfolio.
• Wall Street analysts have increased their price targets for Amazon.com, with a consensus price target now at $262.87 and an average rating of "Buy".
• Amazon's recent quarterly earnings revealed an EPS of $1.68, surpassing estimates, and a revenue of $167.70 billion, indicating a 13.3% year-over-year growth.

Integrity Investment Advisors LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,918 shares of the e-commerce giant's stock, valued at approximately $936,000. Amazon.com makes up 0.9% of Integrity Investment Advisors LLC's portfolio, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in AMZN. Talisman Wealth Advisors LLC increased its position in shares of Amazon.com by 1.2% during 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 in the last quarter. SWAN Capital LLC boosted its holdings 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 worth $396,000 after purchasing an additional 55 shares during the last quarter. Lokken Investment Group LLC boosted its holdings in Amazon.com by 1.5% during the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock worth $848,000 after purchasing an additional 56 shares during the last quarter. CWC Advisors LLC. boosted its holdings 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 worth $411,000 after purchasing an additional 56 shares during the last quarter. Finally, JBGlobal.com LLC increased its holdings in Amazon.com by 2.1% in the 1st quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock valued at $508,000 after buying an additional 56 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 3.0%

AMZN stock traded up $6.6690 during midday trading on Friday, reaching $228.6190. 23,563,066 shares of the company's stock traded hands, compared to its average volume of 44,459,570. The company has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.82, a P/E/G ratio of 1.51 and a beta of 1.31. The firm's fifty day moving average price is $222.30 and its 200-day moving average price is $208.35. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 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 (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the business posted $1.26 EPS. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on AMZN. Cantor Fitzgerald raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Wells Fargo & Company raised their target price on shares of Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a report on Tuesday, July 29th. Cowen restated a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Moffett Nathanson raised their price target on shares of Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Finally, Citizens Jmp started coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a "strong-buy" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $262.87.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value 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. The trade was a 0.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. 9.70% of the stock is currently owned by insiders.

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.