Once Capital Management LLC Buys 4,300 Shares of Amazon.com, Inc. $AMZN

Key Points

• Once Capital Management LLC increased its stake in Amazon.com by 7.2% during Q1, now holding 63,700 shares valued at approximately $12.12 million, making it the firm's 7th largest position.
• Amazon.com shares experienced a 4.3% increase during midday trading, reaching $235.68, with a market capitalization of $2.51 trillion and a PE ratio of 35.93.
• Amazon's recent earnings report showed an EPS of $1.68, beating estimates, alongside a revenue of $167.70 billion for the quarter, representing a 13.3% year-over-year growth.

Once Capital Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 63,700 shares of the e-commerce giant's stock after buying an additional 4,300 shares during the period. Amazon.com accounts for approximately 5.5% of Once Capital Management LLC's holdings, making the stock its 7th biggest position. Once Capital Management LLC's holdings in Amazon.com were worth $12,120,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AMZN. Brighton Jones LLC boosted its holdings in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its stake in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE raised its stake in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at $2,153,000. 72.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMZN. Canaccord Genuity Group reiterated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Stifel Nicolaus increased their target price 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. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Barclays increased their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Finally, Pivotal Research increased their target price on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Two equities research 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 stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Trading Down 1.4%

Shares of NASDAQ AMZN traded down $3.35 during mid-day trading on Friday, hitting $232.33. The company's stock had a trading volume of 36,684,807 shares, compared to its average volume of 32,905,296. The stock has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company's fifty day simple moving average is $225.74 and its 200-day simple moving average is $208.13.

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 (EPS) for the quarter, beating 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 net margin of 10.54% and a return on equity of 23.84%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side 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.