Heritage Wealth Advisors Boosts Holdings in Amazon.com, Inc. $AMZN

Heritage Wealth Advisors boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,069 shares of the e-commerce giant’s stock after buying an additional 3,616 shares during the quarter. Heritage Wealth Advisors’ holdings in Amazon.com were worth $6,482,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com during the fourth quarter worth $25,000. LSV Asset Management purchased a new position in Amazon.com during the fourth quarter worth $35,000. Cooksen Wealth LLC purchased a new position in Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com during the first quarter worth $40,000. Finally, Capitol Family Office Inc. purchased a new position in Amazon.com during the first quarter worth $42,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Amazon.com from $238.00 to $245.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Evercore ISI reissued an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Wedbush boosted their target price on shares of Amazon.com from $235.00 to $250.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Finally, UBS Group reissued a “buy” rating and set a $271.00 target price (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus target price of $262.87.

Amazon.com Stock Performance

AMZN stock opened at $229.00 on Tuesday. 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 has a 50-day moving average price of $224.66 and a 200 day moving average price of $207.80. The company has a market capitalization of $2.44 trillion, a P/E ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

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

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849 in the last ninety days. Insiders own 10.80% of the company’s stock.

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.