Amazon.com, Inc. $AMZN Shares Purchased by Horizon Family Wealth Inc.

Horizon Family Wealth Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,011 shares of the e-commerce giant’s stock after purchasing an additional 309 shares during the quarter. Amazon.com accounts for 0.6% of Horizon Family Wealth Inc.’s investment portfolio, making the stock its 26th biggest holding. Horizon Family Wealth Inc.’s holdings in Amazon.com were worth $953,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LSV Asset Management acquired a new position in Amazon.com during the fourth quarter worth $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the first quarter worth $42,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in Amazon.com during the first quarter worth $59,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 over the last 90 days. Insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 4.3%

Shares of AMZN stock opened at $235.68 on Friday. The stock has a market cap of $2.51 trillion, a price-to-earnings ratio of 35.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.30. 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, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm’s 50 day moving average price is $225.56 and its two-hundred day moving average price is $208.09.

Amazon.com (NASDAQ:AMZN) last announced its quarterly 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 firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. 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. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on AMZN. Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Canaccord Genuity Group reissued a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Evercore ISI reissued an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Wedbush boosted their price target on Amazon.com from $235.00 to $250.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Finally, Stifel Nicolaus lifted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Two equities 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 stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average target price of $262.87.

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.