Amazon.com, Inc. (NASDAQ:AMZN) Receives Average Recommendation of “Buy” from Brokerages

Amazon.com, Inc. (NASDAQ:AMZN) has been given an average rating of “Buy” by the forty-nine analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, forty-six have issued a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $262.8723.

A number of equities research analysts recently issued reports on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Robert W. Baird upped their price target on shares of Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Cantor Fitzgerald upped their price target on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $300.00 price target on shares of Amazon.com in a research note on Thursday, August 14th.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Thompson Davis & CO. Inc. increased its position in Amazon.com by 36.0% during the second quarter. Thompson Davis & CO. Inc. now owns 7,387 shares of the e-commerce giant’s stock valued at $1,621,000 after acquiring an additional 1,957 shares during the last quarter. Tull Financial Group Inc. increased its position in Amazon.com by 11.9% during the second quarter. Tull Financial Group Inc. now owns 2,160 shares of the e-commerce giant’s stock valued at $474,000 after acquiring an additional 230 shares during the last quarter. Monarch Capital Management Inc. increased its position in Amazon.com by 28.2% during the second quarter. Monarch Capital Management Inc. now owns 2,518 shares of the e-commerce giant’s stock valued at $552,000 after acquiring an additional 554 shares during the last quarter. North Dallas Bank & Trust Co. bought a new position in Amazon.com during the second quarter valued at $5,045,000. Finally, Coppell Advisory Solutions LLC increased its position in Amazon.com by 12.0% during the second quarter. Coppell Advisory Solutions LLC now owns 36,939 shares of the e-commerce giant’s stock valued at $8,248,000 after acquiring an additional 3,950 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $223.81 on Thursday. Amazon.com has a one year low of $161.38 and a one year high of $242.52. The company’s fifty day moving average price is $222.12 and its 200-day moving average price is $208.46. 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 market capitalization of $2.39 trillion, a PE ratio of 34.12, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Amazon.com will post 6.31 EPS for the current fiscal year.

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.