Meeder Advisory Services Inc. Buys 10,101 Shares of Amazon.com, Inc. $AMZN

Key Points

• Meeder Advisory Services Inc. increased its stake in Amazon.com, Inc. by 5.9% during the first quarter, acquiring an additional 10,101 shares, bringing their total holdings to $34.33 million.
• Several analysts have upgraded Amazon's stock ratings, with target prices increasing to as high as $300 following the company's strong earnings results.
• Insider selling has occurred with CEO Andrew R. Jassy selling nearly 20,000 shares at around $221.58, indicating a minor decrease in his position.

Meeder Advisory Services Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 180,457 shares of the e-commerce giant's stock after buying an additional 10,101 shares during the period. Amazon.com makes up 2.1% of Meeder Advisory Services Inc.'s investment portfolio, making the stock its 10th biggest holding. Meeder Advisory Services Inc.'s holdings in Amazon.com were worth $34,334,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Prudent Man Investment Management Inc. acquired a new position in shares of Amazon.com during the fourth quarter valued at about $27,000. LSV Asset Management acquired a new position in Amazon.com in the fourth quarter worth about $35,000. Perritt Capital Management Inc raised its position in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after purchasing an additional 80 shares in the last quarter. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter worth about $36,000. Finally, Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter worth about $40,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Trading Down 1.1%

AMZN stock traded down $2.60 during trading on Monday, hitting $229.00. The company had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. 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 50-day moving average price of $224.66 and a 200-day moving average price of $207.80. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data 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. 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 analysts' expectations of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. Amazon.com's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last three months, insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849. Insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several recent research reports. Stifel Nicolaus increased their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Cantor Fitzgerald increased their price target on shares of Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Wedbush increased their price target on shares of Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. HSBC increased their price target on shares of Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Finally, Royal Bank Of Canada increased their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $262.87.

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.