Purkiss Capital Advisors LLC Has $2.43 Million Holdings in Amazon.com, Inc. $AMZN

Purkiss Capital Advisors LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 44.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,785 shares of the e-commerce giant’s stock after purchasing an additional 3,948 shares during the quarter. Amazon.com comprises approximately 1.8% of Purkiss Capital Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Purkiss Capital Advisors LLC’s holdings in Amazon.com were worth $2,433,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Baldwin Investment Management LLC lifted its holdings in shares of Amazon.com by 2.5% during the first quarter. Baldwin Investment Management LLC now owns 42,199 shares of the e-commerce giant’s stock worth $8,029,000 after buying an additional 1,010 shares in the last quarter. Atlas Legacy Advisors LLC raised its stake in Amazon.com by 2.4% in the first quarter. Atlas Legacy Advisors LLC now owns 15,548 shares of the e-commerce giant’s stock valued at $2,958,000 after purchasing an additional 371 shares in the last quarter. Inlet Private Wealth LLC raised its stake in Amazon.com by 10.7% in the first quarter. Inlet Private Wealth LLC now owns 8,689 shares of the e-commerce giant’s stock valued at $1,653,000 after purchasing an additional 840 shares in the last quarter. Abbot Financial Management Inc. raised its stake in Amazon.com by 5.1% in the first quarter. Abbot Financial Management Inc. now owns 16,392 shares of the e-commerce giant’s stock valued at $3,119,000 after purchasing an additional 793 shares in the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its stake in Amazon.com by 3.7% in the first quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 25,406 shares of the e-commerce giant’s stock valued at $4,834,000 after purchasing an additional 913 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Friday, July 11th. The stock was 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 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 document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. 9.70% of the stock is owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $229.12 on Thursday. The company has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.93, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $223.48 and a 200-day moving average of $208.13.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (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 analysts’ expectations of $161.80 billion. During the same period last year, the business earned $1.26 EPS. Amazon.com’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 forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of analyst reports. Barclays boosted their price target on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Royal Bank Of Canada boosted their target price on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Wedbush boosted their target price on Amazon.com from $235.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Pivotal Research boosted their target price on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price for the company in a research note on Friday, June 27th. Two 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’s stock. Based on data from MarketBeat, the company currently 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.