39,565 Shares in Amazon.com, Inc. $AMZN Acquired by Wills Financial Group LLC

Key Points

• Wills Financial Group LLC has acquired 39,565 shares of Amazon.com, Inc. for approximately $7.5 million, indicating the stock constitutes 3.3% of its investment portfolio.
• Analysts have raised their price targets for Amazon, with JPMorgan Chase increasing its target from $255 to $265, and a consensus target price of $262.87 among analysts.
• Amazon reported a strong quarterly performance with $1.68 EPS, exceeding estimates significantly, and a revenue increase of 13.3% year-over-year.

Wills Financial Group LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 39,565 shares of the e-commerce giant's stock, valued at approximately $7,528,000. Amazon.com accounts for 3.3% of Wills Financial Group LLC's investment portfolio, making the stock its 9th biggest holding.

Several other large investors also recently made changes to their positions in the company. Talisman Wealth Advisors LLC raised its holdings in Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC raised its holdings in Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after acquiring an additional 55 shares during the period. Hamel Associates Inc. raised its holdings in Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after acquiring an additional 55 shares during the period. CWC Advisors LLC. raised its holdings in Amazon.com by 3.1% in the 4th quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock worth $411,000 after acquiring an additional 56 shares during the period. Finally, JBGlobal.com LLC raised its holdings in Amazon.com by 2.1% in the 1st quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock worth $508,000 after acquiring an additional 56 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last three months. Insiders own 9.70% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded down $3.35 during trading on Friday, reaching $232.33. The stock had a trading volume of 36,684,807 shares, compared to its average volume of 32,905,296. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The business's 50-day moving average price is $225.74 and its 200 day moving average price is $208.00. 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 capitalization of $2.48 trillion, a PE ratio of 35.42, a P/E/G ratio of 1.56 and a beta of 1.30.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Needham & Company LLC reiterated a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Susquehanna raised their price target on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. Westpark Capital reiterated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Finally, Wells Fargo & Company raised their price target on shares of Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 29th. 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $262.87.

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.