Caliber Wealth Management LLC KS Invests $5.76 Million in Amazon.com, Inc. $AMZN

Caliber Wealth Management LLC KS purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 30,284 shares of the e-commerce giant’s stock, valued at approximately $5,762,000. Amazon.com comprises about 0.8% of Caliber Wealth Management LLC KS’s portfolio, making the stock its 26th largest position.

Other large investors have also modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com in the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com in the 4th quarter worth approximately $27,000. LSV Asset Management acquired a new position in Amazon.com in the 4th quarter worth approximately $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC acquired a new position in Amazon.com in the 1st quarter worth approximately $40,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 25,012,284 shares of company stock worth $5,656,976,492. Company insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of several research reports. Monness Crespi & Hardt increased their price target on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Jefferies Financial Group increased their price target on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Cowen reiterated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. upped their price objective on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” 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 given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $262.87.

Amazon.com Trading Up 3.1%

Shares of NASDAQ:AMZN opened at $228.84 on Monday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. 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 business’s 50 day moving average price is $222.63 and its 200-day moving average price is $207.85.

Amazon.com (NASDAQ:AMZN) last announced 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 return on equity of 23.84% and a net margin of 10.54%.The firm 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 EPS. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share 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.