Invictus Private Wealth LLC Raises Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Invictus Private Wealth LLC has increased its stake in Amazon.com, Inc. by 4.7%, bringing its total shares to 125,080, making Amazon the 15th largest position in its portfolio.
• Recent analyst upgrades have boosted price targets for Amazon.com, with Cantor Fitzgerald and Barclays raising their targets to $280.00 and $275.00, respectively, highlighting a generally optimistic outlook.
• Insider trading activity was noted, as Jeffrey P. Bezos sold over 4.2 million shares for approximately $960.67 million, which slightly reduced his ownership stake in the company.

Invictus Private Wealth LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,080 shares of the e-commerce giant's stock after buying an additional 5,619 shares during the period. Amazon.com makes up about 1.9% of Invictus Private Wealth LLC's investment portfolio, making the stock its 15th biggest position. Invictus Private Wealth LLC's holdings in Amazon.com were worth $23,798,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AMZN. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com during the fourth quarter worth $25,000. LSV Asset Management acquired a new stake in Amazon.com in the fourth quarter valued at $35,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter valued at $40,000. Finally, Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the 1st quarter worth about $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Bank of America lifted their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Robert W. Baird lifted their price target on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Citizens Jmp initiated coverage on shares of Amazon.com in a report on Thursday, July 10th. They set a "strong-buy" rating on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Finally, Cowen restated a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com currently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 6,835 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the sale, the chief executive officer directly owned 520,507 shares of the company's stock, valued at $115,354,761.34. This trade represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,095,411 shares of company stock valued at $5,675,473,849 over the last three months. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

AMZN traded down $0.54 during trading on Wednesday, hitting $224.80. 15,262,786 shares of the company traded hands, compared to its average volume of 43,779,773. The firm has a market cap of $2.40 trillion, a P/E ratio of 34.27, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The stock's fifty day moving average is $224.91 and its 200 day moving average is $207.92. 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 one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during 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% on a year-over-year basis. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.