Amazon.com, Inc. $AMZN Shares Acquired by RVW Wealth LLC

Key Points

• RVW Wealth LLC increased its ownership in Amazon by 58.7% during the first quarter, bringing its total shares to 8,193, valued at approximately $1.56 million.
• Research analysts are optimistic about Amazon's future, with multiple price target increases and a consensus rating of "Buy" alongside a target price of $262.87.
• Despite a strong earnings report showing $1.68 EPS and revenue of $167.70 billion, Amazon's stock is currently down 1.1%.

RVW Wealth LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 58.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,193 shares of the e-commerce giant's stock after acquiring an additional 3,030 shares during the period. RVW Wealth LLC's holdings in Amazon.com were worth $1,559,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after buying an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of 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 worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew 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 worth $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE grew 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 worth $6,357,000 after buying an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in Amazon.com in the 4th quarter valued at approximately $2,153,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 1.1%

Shares of NASDAQ AMZN traded down $2.60 during midday trading on Friday, reaching $229.00. 26,167,914 shares of the stock were exchanged, compared to its average volume of 37,773,448. The company has a 50 day simple moving average of $224.25 and a 200 day simple moving average of $207.95. The stock has a market capitalization of $2.44 trillion, a P/E ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. 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 posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during 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%. The firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 completion of the transaction, the insider owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 25,097,911 shares of company stock worth $5,675,986,299. Company insiders own 10.80% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. BNP Paribas Exane upgraded shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price for the company in a research note on Friday, June 27th. Pivotal Research increased their price target on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Monness Crespi & Hardt increased their price target on Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com currently has an average rating of "Buy" and a consensus price target of $262.87.

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.