SGL Investment Advisors Inc. Has $986,000 Stock Position in Amazon.com, Inc. $AMZN

SGL Investment Advisors Inc. boosted its position in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 72.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,134 shares of the e-commerce giant’s stock after acquiring an additional 2,151 shares during the period. SGL Investment Advisors Inc.’s holdings in Amazon.com were worth $986,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Castlekeep Investment Advisors LLC purchased a new position in shares of Amazon.com in the fourth quarter valued at $25,000. LSV Asset Management bought a new position in Amazon.com during the 4th quarter valued at approximately $35,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com in the 1st quarter worth approximately $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter valued at $42,000. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 25,095,411 shares of company stock worth $5,675,473,849. 10.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AMZN shares. Cantor Fitzgerald lifted their target price on Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Bank of America boosted their target price on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Moffett Nathanson raised their price target on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $262.87.

Read Our Latest Stock Report on Amazon.com

Amazon.com Stock Up 0.3%

AMZN stock opened at $225.99 on Thursday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a market cap of $2.41 trillion, a P/E ratio of 34.45, a P/E/G ratio of 1.54 and a beta of 1.30. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company’s 50-day moving average price is $225.19 and its 200 day moving average price is $208.04.

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

About Amazon.com

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.