Y Intercept Hong Kong Ltd Makes New $1.18 Million Investment in Amazon.com, Inc. $AMZN

Key Points

• Y Intercept Hong Kong Ltd acquired a new stake in Amazon.com during the first quarter, purchasing 6,224 shares valued at approximately $1,184,000.
• Insider Jeffrey P. Bezos sold over 4 million shares of Amazon, totaling nearly $960.67 million, which represents a 0.47% decrease in his ownership.
• Analysts have a consensus rating of "Buy" for Amazon.com, with an average target price of $262.87 and notable price upgrades from several brokerages.

Y Intercept Hong Kong Ltd bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,224 shares of the e-commerce giant's stock, valued at approximately $1,184,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Talisman Wealth Advisors LLC lifted its position in Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after purchasing an additional 53 shares during the period. SWAN Capital LLC lifted its position in Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after purchasing an additional 55 shares during the period. Lokken Investment Group LLC lifted its position in Amazon.com by 1.5% in the fourth quarter. Lokken Investment Group LLC now owns 3,866 shares of the e-commerce giant's stock worth $848,000 after purchasing an additional 56 shares during the period. CWC Advisors LLC. lifted its position in Amazon.com by 3.1% in the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock worth $411,000 after purchasing an additional 56 shares during the period. Finally, JBGlobal.com LLC lifted its position in Amazon.com by 2.1% in the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock worth $508,000 after purchasing an additional 56 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction 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 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492 over the last 90 days. Corporate insiders own 9.70% of the company's stock.

Amazon.com Stock Up 3.1%

NASDAQ:AMZN traded up $6.89 during trading hours on Friday, hitting $228.84. 37,264,095 shares of the stock traded hands, compared to its average volume of 46,830,960. The firm has a 50 day moving average price of $222.63 and a 200 day moving average price of $208.26. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.88, a PEG ratio of 1.49 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly 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 net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AMZN. Royal Bank Of Canada increased their price objective on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. The Goldman Sachs Group reiterated a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. Bank of America increased their price objective on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. 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 research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target 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.