SGL Investment Advisors Inc. Purchases 2,151 Shares of Amazon.com, Inc. $AMZN

Key Points

• SGL Investment Advisors Inc. increased its stake in Amazon.com, Inc. by 72.1%, acquiring a total of 5,134 shares valued at approximately $986,000.
• Amazon reported a quarterly earnings per share (EPS) of $1.68, surpassing analyst expectations and revealing a revenue of $167.70 billion, a 13.3% increase year-over-year.
• Wall Street analysts have raised their price targets for Amazon, with HSBC targeting $256.00 and Monness Crespi & Hardt setting a target of $275.00 while maintaining a "buy" rating.

SGL Investment Advisors Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 72.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,134 shares of the e-commerce giant's stock after purchasing an additional 2,151 shares during the quarter. SGL Investment Advisors Inc.'s holdings in Amazon.com were worth $986,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AMZN. GAMMA Investing LLC lifted its holdings in Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after purchasing an additional 30,104,520 shares in the last quarter. Capital World Investors lifted its holdings in Amazon.com by 36.8% during the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock valued at $14,416,078,000 after purchasing an additional 17,681,004 shares in the last quarter. Capital International Investors lifted its holdings in Amazon.com by 26.5% during the fourth quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock valued at $12,564,961,000 after purchasing an additional 12,000,745 shares in the last quarter. Northern Trust Corp lifted its holdings in Amazon.com by 14.0% during the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after purchasing an additional 11,926,749 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Amazon.com during the fourth quarter valued at approximately $2,037,963,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AMZN shares. DA Davidson lifted their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 1st. BNP Paribas Exane upgraded shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective on the stock in a research report on Friday, June 27th. Westpark Capital reiterated a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Truist Financial lifted their price objective on shares of Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Finally, Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction 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 in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last quarter. Insiders own 9.70% of the company's stock.

Amazon.com Trading Down 1.4%

NASDAQ AMZN traded down $3.35 on Friday, hitting $232.33. 36,684,807 shares of the stock were exchanged, compared to its average volume of 32,905,296. 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 52-week low of $161.38 and a 52-week high of $242.52. The firm has a market capitalization of $2.48 trillion, a P/E ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. The stock has a fifty day moving average price of $225.74 and a two-hundred day moving average price of $208.13.

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, 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 business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter in the previous year, the business 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. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com 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.