Amazon.com, Inc. $AMZN Holdings Lifted by New Age Alpha Advisors LLC

Key Points

• New Age Alpha Advisors LLC increased its stake in Amazon.com, Inc. by 35.5%, owning 303,643 shares valued at approximately $57.77 million, making it the third largest position in their portfolio.
• Analysts have raised their price targets for Amazon.com, with the consensus rating at "Buy" and an average price target of $262.87, reflecting positive outlook on the company's performance.
• In a significant insider transaction, Jeff Bezos sold over 4 million shares of Amazon, worth approximately $960.67 million, reducing his ownership stake by 0.47%.

New Age Alpha Advisors LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 35.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 303,643 shares of the e-commerce giant's stock after purchasing an additional 79,586 shares during the period. Amazon.com comprises 2.6% of New Age Alpha Advisors LLC's holdings, making the stock its 3rd largest position. New Age Alpha Advisors LLC's holdings in Amazon.com were worth $57,771,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of AMZN. Talisman Wealth Advisors LLC raised its stake 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 valued at $1,020,000 after acquiring an additional 53 shares during the last quarter. SWAN Capital LLC raised its stake in shares of Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after acquiring an additional 55 shares during the last quarter. Hamel Associates Inc. raised its stake in shares of Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after acquiring an additional 55 shares during the last quarter. CWC Advisors LLC. raised its stake in shares of Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after acquiring an additional 56 shares during the last quarter. Finally, JBGlobal.com LLC raised its stake in shares of Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock valued at $508,000 after acquiring an additional 56 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 13,570 shares of Amazon.com 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 transaction, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade 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 available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the transaction, the chief executive officer owned 518,007 shares of the company's stock, valued at $115,769,384.43. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMZN shares. Morgan Stanley reaffirmed an "overweight" rating and set a $300.00 price target on shares of Amazon.com in a research note on Thursday, August 14th. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Royal Bank Of Canada lifted their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Finally, Westpark Capital reissued a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Amazon.com Stock Down 1.4%

AMZN traded down $3.35 during midday trading on Friday, hitting $232.33. The company had a trading volume of 36,684,807 shares, compared to its average volume of 32,905,296. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. 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 company has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.56 and a beta of 1.30. The stock's 50 day moving average price is $225.74 and its 200 day moving average price is $208.00.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating 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 the consensus estimate of $161.80 billion. During the same period in the previous year, the firm posted $1.26 earnings per share. 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. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share 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.