Amazon.com, Inc. $AMZN Stock Holdings Decreased by Oxler Private Wealth LLC

Key Points

• Oxler Private Wealth LLC reduced its stake in Amazon.com by 2.3% during the first quarter, now holding 94,223 shares valued at $17.9 million, making it the fourth largest holding in their investment portfolio.
• Analysts have a consensus rating of “Buy” for Amazon.com, with an average target price of $262.87, as several firms have issued "buy" and "strong-buy" ratings recently.
• Amazon's stock has seen robust price performance, trading at $231.60, with total revenue for the latest quarter reaching $167.7 billion, significantly above analysts' expectations.

Oxler Private Wealth LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,223 shares of the e-commerce giant's stock after selling 2,183 shares during the period. Amazon.com makes up 6.3% of Oxler Private Wealth LLC's investment portfolio, making the stock its 4th largest holding. Oxler Private Wealth LLC's holdings in Amazon.com were worth $17,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Talisman Wealth Advisors LLC boosted its stake in shares of Amazon.com by 1.2% in 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 purchasing an additional 53 shares during the period. SWAN Capital LLC raised its holdings in Amazon.com by 3.1% in 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 in the last quarter. Hamel Associates Inc. raised its holdings in Amazon.com by 1.4% in 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 in the last quarter. Lokken Investment Group LLC raised its holdings in Amazon.com by 1.5% in the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock valued at $848,000 after acquiring an additional 56 shares in the last quarter. Finally, CWC Advisors LLC. raised its holdings in Amazon.com by 3.1% in 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 in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. JMP Securities reissued a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a report on Friday, August 1st. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Westpark Capital reaffirmed a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, Royal Bank Of Canada increased their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report 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 assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Price Performance

Amazon.com stock traded up $2.48 during trading hours on Thursday, hitting $231.60. 33,650,159 shares of the company traded hands, compared to its average volume of 46,110,316. The firm has a market cap of $2.47 trillion, a P/E ratio of 35.30, a P/E/G ratio of 1.54 and a beta of 1.31. 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's 50-day simple moving average is $223.48 and its two-hundred day simple moving average is $208.13. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In other 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 value 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. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Over the last 90 days, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. 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.