Amazon.com, Inc. $AMZN Shares Acquired by William Allan Corp

Key Points

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William Allan Corp raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 15.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,785 shares of the e-commerce giant's stock after purchasing an additional 3,466 shares during the quarter. Amazon.com accounts for 3.1% of William Allan Corp's portfolio, making the stock its 15th largest position. William Allan Corp's holdings in Amazon.com were worth $4,906,000 at the end of the most recent reporting period.

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

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded down $2.2180 during midday trading on Thursday, hitting $221.5920. The company had a trading volume of 20,074,784 shares, compared to its average volume of 44,516,859. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market cap of $2.36 trillion, a price-to-earnings ratio of 33.77, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The business's 50-day simple moving average is $222.12 and its 200-day simple moving average is $208.46.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wedbush upped their target price on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Pivotal Research increased their price target on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Piper Sandler increased their price target on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Rosenblatt Securities increased their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus increased their price target on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Two investment 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's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $262.87.

Insider Activity at Amazon.com

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

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.