Phoenix Financial Ltd. Raises Stock Holdings in Amazon.com, Inc. $AMZN

Phoenix Financial Ltd. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,486,029 shares of the e-commerce giant’s stock after buying an additional 15,129 shares during the period. Amazon.com makes up 4.3% of Phoenix Financial Ltd.’s portfolio, making the stock its 2nd biggest position. Phoenix Financial Ltd.’s holdings in Amazon.com were worth $282,851,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its position in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after purchasing an additional 54,987 shares during the period. Highview Capital Management LLC DE raised its position in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $2,153,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AMZN shares. Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Citizens Jmp started coverage on Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Wedbush lifted their target price on Amazon.com from $235.00 to $250.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Finally, Piper Sandler lifted their target price on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Two investment 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 stock. According to MarketBeat, Amazon.com has an average rating of “Buy” and an average target price of $262.87.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s 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 of the company’s stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 25,012,284 shares of company stock worth $5,656,976,492. 10.80% of the stock is owned by insiders.

Amazon.com Stock Up 3.1%

NASDAQ:AMZN opened at $228.84 on Monday. 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. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The stock’s 50 day moving average price is $222.63 and its two-hundred day moving average price is $207.85. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for 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%.The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Company 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.