Amazon.com, Inc. $AMZN Shares Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,358 shares of the e-commerce giant's stock after acquiring an additional 9,996 shares during the quarter. Amazon.com accounts for approximately 2.2% of Moors & Cabot Inc.'s holdings, making the stock its 5th largest position. Moors & Cabot Inc.'s holdings in Amazon.com were worth $42,496,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LSV Asset Management purchased a new stake in shares of Amazon.com in the 4th quarter worth $35,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the first quarter valued at about $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com during the first quarter valued at about $42,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in Amazon.com in the first quarter worth about $59,000. 72.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 6,835 shares of the 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 in the company, valued at $115,354,761.34. This represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,095,411 shares of company stock valued at $5,675,473,849. Corporate insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several analyst reports. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Scotiabank upped their price target on shares of Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Oppenheimer lowered their price target on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a report on Friday, August 1st. Finally, Truist Financial raised their target price on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. 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 data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Up 3.8%

Shares of AMZN stock traded up $8.53 on Thursday, reaching $234.52. 36,443,946 shares of the stock were exchanged, compared to its average volume of 43,816,934. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The business's 50 day moving average price is $225.19 and its 200 day moving average price is $208.04. The company has a market capitalization of $2.50 trillion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts' consensus estimates 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 period in the previous year, the company earned $1.26 earnings per share. Amazon.com's quarterly 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 expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Company 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.