State of Wyoming Purchases 7,027 Shares of Amazon.com, Inc. $AMZN

State of Wyoming lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 35.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,845 shares of the e-commerce giant's stock after purchasing an additional 7,027 shares during the period. Amazon.com accounts for approximately 0.7% of State of Wyoming's investment portfolio, making the stock its 13th biggest holding. State of Wyoming's holdings in Amazon.com were worth $5,108,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AMZN. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com during the fourth quarter worth approximately $25,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the first quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. bought a new position in Amazon.com during the 1st quarter worth $42,000. Finally, Harbor Investment Advisory LLC increased its stake in Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after acquiring an additional 2,145 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 0.2%

Shares of AMZN stock opened at $229.95 on Friday. The stock's fifty day moving average price is $226.77 and its two-hundred day moving average price is $208.52. The company has a market cap of $2.45 trillion, a PE ratio of 35.05, a P/E/G ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. 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 issued 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. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company's revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the firm'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 sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last 90 days. 9.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on AMZN. Rosenblatt Securities raised their price objective on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. HSBC raised their price objective on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Piper Sandler raised their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Finally, Jefferies Financial Group raised their price objective on Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Two 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 company currently has an average rating of "Buy" and an average price target of $262.87.

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.

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