Sheaff Brock Investment Advisors LLC Has $20.47 Million Stake in Amazon.com, Inc. $AMZN

Key Points

• Sheaff Brock Investment Advisors LLC has increased its stake in Amazon.com, Inc. to become its 5th largest position, owning 107,589 shares valued at $20.47 million.
• Amazon.com reported a strong quarterly performance with EPS of $1.68, surpassing analyst estimates of $1.31, and revenue of $167.7 billion.
• Notable changes in analyst ratings include Deutsche Bank raising its target price for Amazon shares from $230 to $266, reflecting ongoing optimism around the company's stock.

Sheaff Brock Investment Advisors LLC boosted its position 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. The fund owned 107,589 shares of the e-commerce giant's stock after buying an additional 2,381 shares during the quarter. Amazon.com makes up about 1.9% of Sheaff Brock Investment Advisors LLC's holdings, making the stock its 5th biggest position. Sheaff Brock Investment Advisors LLC's holdings in Amazon.com were worth $20,470,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of AMZN. Prudent Man Investment Management Inc. bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $27,000. LSV Asset Management acquired a new position in Amazon.com during the 4th quarter worth about $35,000. Perritt Capital Management Inc increased its holdings in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 80 shares in the last quarter. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter valued at $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $40,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have sold 25,097,911 shares of company stock worth $5,675,986,299. 9.70% of the stock is owned by insiders.

Analysts Set New Price Targets

AMZN has been the subject of several recent analyst reports. Morgan Stanley reiterated an "overweight" rating and issued a $300.00 target price on shares of Amazon.com in a report on Thursday, August 14th. Cowen restated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the company a "buy" rating in a research note on Tuesday, July 8th. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. boosted their price target on Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $262.87.

Amazon.com Trading Down 1.1%

Shares of Amazon.com stock traded down $2.60 during trading on Friday, hitting $229.00. The company's stock had a trading volume of 26,167,914 shares, compared to its average volume of 42,576,432. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31. The stock has a 50-day moving average price of $224.25 and a two-hundred day moving average price of $208.10.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results 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 during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the firm posted $1.26 EPS. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.