Stone House Investment Management LLC Boosts Stock Position in Amazon.com, Inc. $AMZN

Stone House Investment Management LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 62.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,167 shares of the e-commerce giant's stock after purchasing an additional 2,374 shares during the quarter. Amazon.com makes up 0.2% of Stone House Investment Management LLC's holdings, making the stock its 29th largest position. Stone House Investment Management LLC's holdings in Amazon.com were worth $1,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the fourth quarter valued at about $25,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the first quarter worth about $42,000. Finally, Harbor Investment Advisory LLC boosted its holdings in Amazon.com by 0.7% in the first 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 in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded down $7.91 during trading on Wednesday, hitting $230.33. The stock had a trading volume of 60,798,520 shares, compared to its average volume of 32,696,864. The stock has a 50-day simple moving average of $226.43 and a two-hundred day simple moving average of $208.24. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.46 trillion, a price-to-earnings ratio of 35.11, a price-to-earnings-growth ratio of 1.60 and a beta of 1.30. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the subject of several recent analyst reports. Citigroup reissued an "overweight" rating on shares of Amazon.com in a report on Wednesday, August 13th. JMP Securities reissued a "market outperform" rating and issued a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an "outperform" rating in a report on Tuesday, July 1st. Truist Financial raised their price target on Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Finally, BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a report on Friday, June 27th. Two 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. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $262.87.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The stock was 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 directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade 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 this hyperlink. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 in the last three months. 9.70% of the stock is currently owned by company insiders.

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.