Triumph Capital Management Grows Stake in Amazon.com, Inc. $AMZN

Triumph Capital Management raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 36.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,115 shares of the e-commerce giant's stock after purchasing an additional 4,599 shares during the quarter. Amazon.com comprises about 1.1% of Triumph Capital Management's investment portfolio, making the stock its 19th biggest position. Triumph Capital Management's holdings in Amazon.com were worth $3,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Talisman Wealth Advisors LLC boosted its position in shares of Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after buying an additional 53 shares during the period. SWAN Capital LLC boosted its position in shares of Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after buying an additional 55 shares during the period. Lokken Investment Group LLC boosted its position in shares of Amazon.com by 1.5% during the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock worth $848,000 after buying an additional 56 shares during the period. CWC Advisors LLC. boosted its position in shares of Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock worth $411,000 after buying an additional 56 shares during the period. Finally, JBGlobal.com LLC boosted its position in shares of Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock worth $508,000 after buying an additional 56 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

NASDAQ AMZN opened at $221.95 on Friday. The business's fifty day moving average is $222.30 and its two-hundred day moving average is $208.35. 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 1 year low of $161.38 and a 1 year high of $242.52. The stock has a market capitalization of $2.37 trillion, a P/E ratio of 33.83, a P/E/G ratio of 1.51 and a beta of 1.31.

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

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,643,142 shares of the business's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the sale, the insider directly owned 883,779,901 shares of the company's stock, valued at $203,649,402,587.43. The trade was a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 4,784 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the sale, the chief executive officer directly owned 510,255 shares in the company, valued at approximately $118,542,441.60. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. Company insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AMZN shares. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Tigress Financial upped their target price on Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, July 22nd. Pivotal Research upped their target price on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Citigroup restated an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock 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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