Amazon.com, Inc. $AMZN is University of Texas Texas AM Investment Management Co.'s 5th Largest Position

Key Points

• The University of Texas Texas AM Investment Management Co. increased its stake in Amazon.com, making it the fund's 5th largest position, with a total of 83,526 shares valued at approximately $15.9 million.
• Amazon's stock recently traded at $229.12, showing strong performance with a 12-month high of $242.52 and a market capitalization of $2.44 trillion.
• Analyst ratings indicate a generally positive outlook, with the consensus rating categorized as "Buy" and an average price target of $262.87 following recent upgrades from several brokerages.

University of Texas Texas AM Investment Management Co. raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,526 shares of the e-commerce giant's stock after purchasing an additional 2,928 shares during the period. Amazon.com accounts for approximately 2.7% of University of Texas Texas AM Investment Management Co.'s holdings, making the stock its 5th biggest holding. University of Texas Texas AM Investment Management Co.'s holdings in Amazon.com were worth $15,892,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMZN. GAMMA Investing LLC raised its position in shares of Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares during the period. Capital World Investors raised its position in shares of Amazon.com by 36.8% in the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock valued at $14,416,078,000 after acquiring an additional 17,681,004 shares during the period. Capital International Investors raised its position in shares of Amazon.com by 26.5% in the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock valued at $12,564,961,000 after acquiring an additional 12,000,745 shares during the period. Northern Trust Corp raised its position in shares of Amazon.com by 14.0% in the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after acquiring an additional 11,926,749 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Amazon.com during the 4th quarter worth approximately $2,037,963,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Shares of AMZN traded up $2.48 during midday trading on Thursday, reaching $231.60. 33,645,386 shares of the stock were exchanged, compared to its average volume of 44,096,445. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. 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 company has a market cap of $2.47 trillion, a P/E ratio of 35.30, a PEG ratio of 1.53 and a beta of 1.31. The stock's 50 day simple moving average is $223.48 and its 200 day simple moving average is $208.13.

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 for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the firm earned $1.26 earnings per share. 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, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 25,097,911 shares of company stock valued at $5,675,986,299 in the last quarter. 9.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Canaccord Genuity Group reaffirmed a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Truist Financial increased their price objective on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Finally, Monness Crespi & Hardt increased their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Two investment 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 stock. According to MarketBeat, Amazon.com has a consensus rating of "Buy" and a consensus target price of $262.87.

Amazon.com 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.