Y.D. More Investments Ltd Acquires 19,601 Shares of Amazon.com, Inc. $AMZN

Key Points

• Y.D. More Investments Ltd increased its stake in Amazon.com by 24.9%, now owning 98,280 shares valued at approximately $18.7 million.
• Insider Jeffrey P. Bezos sold around 4.27 million shares of Amazon for $960.67 million, representing a 0.47% decrease in his ownership.
• Amazon's recent quarterly earnings exceeded expectations with $1.68 earnings per share and revenue of $167.70 billion, reflecting a year-over-year revenue growth of 13.3%.

Y.D. More Investments Ltd grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 24.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 98,280 shares of the e-commerce giant's stock after buying an additional 19,601 shares during the period. Amazon.com accounts for approximately 1.6% of Y.D. More Investments Ltd's investment portfolio, making the stock its 14th largest holding. Y.D. More Investments Ltd's holdings in Amazon.com were worth $18,698,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMZN. Talisman Wealth Advisors LLC raised its holdings in Amazon.com by 1.2% during the 4th 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 last quarter. SWAN Capital LLC grew its position in shares of Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after buying an additional 55 shares during the period. Hamel Associates Inc. grew its position in shares of Amazon.com by 1.4% during the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after buying an additional 55 shares during the period. CWC Advisors LLC. raised its stake in shares of Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock worth $411,000 after buying an additional 56 shares during the last quarter. Finally, JBGlobal.com LLC lifted its holdings 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 valued at $508,000 after buying an additional 56 shares during the period. Institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on AMZN shares. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Barclays raised their price target on Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective for the company in a research note on Friday, June 27th. Wells Fargo & Company upped their price objective on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a report on Tuesday, July 29th. Finally, BMO Capital Markets raised their target price on Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given 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 Trading Down 3.3%

NASDAQ:AMZN traded down $7.91 on Wednesday, reaching $230.33. The company's stock had a trading volume of 60,798,520 shares, compared to its average volume of 32,696,864. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The business's 50-day moving average price is $226.63 and its two-hundred day moving average price is $208.40. The firm has a market cap of $2.46 trillion, a PE ratio of 35.11, a PEG ratio of 1.60 and a beta of 1.30. 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 quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the firm posted $1.26 earnings per share. Amazon.com's revenue 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 fiscal year.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares of the company's stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Corporate insiders own 9.70% of the company's stock.

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.