Amazon.com, Inc. $AMZN Stock Holdings Boosted by WT Wealth Management

Key Points

• WT Wealth Management increased its stake in Amazon.com, Inc. by 5.8%, owning 45,256 shares valued at approximately $8.61 million, making it the company's 7th largest holding.
• Major institutional investors, including Norges Bank and Capital World Investors, have significantly increased their positions in Amazon during recent quarters, with institutional ownership now at 72.20%.
• Analysts have generally positive outlooks for Amazon, with a consensus rating of "Buy" and a price target of $262.87, while Amazon's recent earnings topped estimates, reporting $1.68 EPS against a forecast of $1.31.

WT Wealth Management increased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,256 shares of the e-commerce giant's stock after buying an additional 2,461 shares during the period. Amazon.com accounts for 2.8% of WT Wealth Management's portfolio, making the stock its 7th largest position. WT Wealth Management's holdings in Amazon.com were worth $8,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Prudent Man Investment Management Inc. purchased a new stake in Amazon.com in the fourth quarter worth $27,000. LSV Asset Management purchased a new stake in Amazon.com in the fourth quarter worth $35,000. Perritt Capital Management Inc grew its stake in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after purchasing an additional 80 shares during the period. Cooksen Wealth LLC purchased a new stake in Amazon.com in the first quarter worth $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter worth $40,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Up 3.0%

NASDAQ AMZN traded up $6.6690 on Friday, reaching $228.6190. 23,563,066 shares of the stock traded hands, compared to its average volume of 44,459,570. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a fifty day moving average price of $222.30 and a 200-day moving average price of $208.35. The company has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.82, a PEG ratio of 1.51 and a beta of 1.31. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Robert W. Baird increased their target price on Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Truist Financial increased their target price on Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Westpark Capital restated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Stifel Nicolaus raised their price objective on Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Two 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, Amazon.com has a consensus rating of "Buy" and an average target price of $262.87.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 approximately $201,816,902,603.28. This 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 the SEC website. Insiders sold 25,012,284 shares of company stock valued at $5,656,976,492 over the last quarter. 9.70% of the stock is currently owned by corporate insiders.

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.