Amazon.com, Inc. $AMZN Shares Bought by KFA Private Wealth Group LLC

Key Points

• KFA Private Wealth Group LLC increased its stake in Amazon.com, Inc. by 21.9% in the first quarter, owning 10,189 shares valued at approximately $1.94 million.
• Amazon's stock recently traded at $231.60, marking a 1.1% increase, with a market cap of $2.47 trillion and analysts predicting a strong performance with an average target price of $262.87.
• Insider trading activity includes significant sales by SVP David Zapolsky and CEO Andrew R. Jassy, highlighting that corporate insiders have sold 25 million shares in the last ninety days.

KFA Private Wealth Group LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 21.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 10,189 shares of the e-commerce giant's stock after acquiring an additional 1,832 shares during the quarter. Amazon.com comprises about 0.7% of KFA Private Wealth Group LLC's portfolio, making the stock its 27th largest position. KFA Private Wealth Group LLC's holdings in Amazon.com were worth $1,938,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Maridea Wealth Management LLC lifted its position in Amazon.com by 84.5% during the 1st quarter. Maridea Wealth Management LLC now owns 15,730 shares of the e-commerce giant's stock worth $2,993,000 after acquiring an additional 7,205 shares during the period. Schubert & Co lifted its position in Amazon.com by 14.1% during the 1st quarter. Schubert & Co now owns 1,638 shares of the e-commerce giant's stock worth $312,000 after acquiring an additional 202 shares during the period. AGP Franklin LLC lifted its position in Amazon.com by 17.6% during the 1st quarter. AGP Franklin LLC now owns 35,172 shares of the e-commerce giant's stock worth $6,317,000 after acquiring an additional 5,273 shares during the period. Solidarity Wealth LLC lifted its position in Amazon.com by 2.0% during the 1st quarter. Solidarity Wealth LLC now owns 133,556 shares of the e-commerce giant's stock worth $25,410,000 after acquiring an additional 2,633 shares during the period. Finally, AWM Capital LLC lifted its position in Amazon.com by 11.8% during the 1st quarter. AWM Capital LLC now owns 3,123 shares of the e-commerce giant's stock worth $595,000 after acquiring an additional 330 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Up 1.1%

NASDAQ:AMZN traded up $2.48 during trading hours on Thursday, hitting $231.60. The company's stock had a trading volume of 33,650,159 shares, compared to its average volume of 46,110,316. The stock has a market capitalization of $2.47 trillion, a P/E ratio of 35.30, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The stock has a fifty day moving average of $223.48 and a 200-day moving average of $208.13. The company has a current ratio of 1.02, a quick ratio of 0.81 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 issued its quarterly earnings data 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. The company 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 business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

AMZN has been the subject of several analyst reports. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. Scotiabank boosted their price objective on Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Stifel Nicolaus boosted their price objective on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Pivotal Research boosted their price objective on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Evercore ISI reissued an "outperform" rating and issued a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $262.87.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate 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.