Amazon.com, Inc. $AMZN Shares Acquired by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,462,676 shares of the e-commerce giant’s stock after purchasing an additional 20,428 shares during the quarter. Amazon.com comprises 3.2% of Westfield Capital Management Co. LP’s investment portfolio, making the stock its 5th biggest position. Westfield Capital Management Co. LP’s holdings in Amazon.com were worth $658,809,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMZN. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com in the fourth quarter valued at about $25,000. LSV Asset Management acquired a new position in Amazon.com in the fourth quarter valued at about $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at about $40,000. Finally, Capitol Family Office Inc. acquired a new position in Amazon.com in the first quarter valued at about $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research analyst reports. BMO Capital Markets boosted their target price on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Piper Sandler boosted their target price on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Monness Crespi & Hardt boosted their target price on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Citizens Jmp initiated coverage on Amazon.com in a research note on Thursday, July 10th. They set a “strong-buy” rating for the company. Finally, DA Davidson boosted their target price on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Two 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, Amazon.com has an average rating of “Buy” and an average price target of $262.87.

Insider Buying and Selling at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $235.68 on Friday. The company has a market capitalization of $2.51 trillion, a PE ratio of 35.93, a P/E/G ratio of 1.52 and a beta of 1.30. The company has a 50 day simple moving average of $225.56 and a two-hundred day simple moving average of $208.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during 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 posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.