Amazon.com, Inc. $AMZN Stock Holdings Raised by Wedbush Securities Inc.

Key Points

• Wedbush Securities Inc. increased its ownership in Amazon.com by 1.4%, adding 6,145 shares, bringing their total to 455,635 shares valued at approximately $86.7 million, making it their 5th largest investment.
• Several hedge funds have also boosted their positions in Amazon, reflecting strong institutional interest, with 72.20% of the company's stock owned by these investors.
• Following recent earnings that surpassed estimates, several analysts rated Amazon as a "buy," with the average price target set at $262.87.

Wedbush Securities Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 455,635 shares of the e-commerce giant's stock after purchasing an additional 6,145 shares during the period. Amazon.com makes up 3.2% of Wedbush Securities Inc.'s investment portfolio, making the stock its 5th largest position. Wedbush Securities Inc.'s holdings in Amazon.com were worth $86,689,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the 4th quarter valued at about $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com during the fourth quarter worth approximately $27,000. LSV Asset Management acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $35,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $36,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $40,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Pivotal Research lifted their price target on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Oppenheimer decreased their target price on Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Moffett Nathanson boosted their target price on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Evercore ISI reiterated an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Barclays boosted their target price on Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Amazon.com Trading Down 0.1%

NASDAQ AMZN traded down $0.2130 during trading hours on Monday, hitting $228.6270. 12,699,290 shares of the company's stock were exchanged, compared to its average volume of 44,351,199. The business's 50 day moving average is $222.63 and its 200-day moving average is $207.85. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 1.54 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 released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate 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 firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction dated 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 directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 25,012,284 shares of company stock valued at $5,656,976,492 over the last 90 days. Company insiders own 10.80% of the company's stock.

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.