Silicon Valley Capital Partners Grows Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Silicon Valley Capital Partners increased its stake in Amazon by 14.3%, owning a total of 164,895 shares valued at approximately $31.8 million.
• Amazon reported earnings of $1.68 per share for the last quarter, surpassing estimates of $1.31 and achieving a revenue of $167.70 billion.
• Amazon's stock currently has a consensus price target of $262.87, with analysts predominantly rating it a "Buy."

Silicon Valley Capital Partners boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 14.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,895 shares of the e-commerce giant's stock after purchasing an additional 20,623 shares during the period. Amazon.com makes up approximately 4.2% of Silicon Valley Capital Partners' holdings, making the stock its 8th biggest position. Silicon Valley Capital Partners' holdings in Amazon.com were worth $31,779,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Nuveen LLC acquired a new stake in shares of Amazon.com during the first quarter worth $11,674,091,000. GAMMA Investing LLC raised its holdings in Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after buying an additional 30,104,520 shares during the period. Northern Trust Corp lifted its stake 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 buying an additional 11,926,749 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after buying an additional 10,176,835 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Amazon.com in the fourth quarter worth approximately $2,037,963,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Trading Down 0.8%

Shares of NASDAQ AMZN opened at $228.15 on Monday. The business has a 50 day simple moving average of $226.87 and a 200 day simple moving average of $208.58. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The stock has a market cap of $2.43 trillion, a price-to-earnings ratio of 34.78, a PEG ratio of 1.53 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 (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 company's revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the transaction, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 in the last 90 days. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently commented on AMZN. Jefferies Financial Group upped their price target on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Canaccord Genuity Group restated a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Monness Crespi & Hardt raised their target price on Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Westpark Capital reiterated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, JMP Securities reissued a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research note 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently 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.

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