Amazon.com, Inc. $AMZN is Alta Fox Capital Management LLC’s 5th Largest Position

Alta Fox Capital Management LLC cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 19.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,000 shares of the e-commerce giant’s stock after selling 20,652 shares during the quarter. Amazon.com makes up 6.3% of Alta Fox Capital Management LLC’s investment portfolio, making the stock its 5th largest holding. Alta Fox Capital Management LLC’s holdings in Amazon.com were worth $15,792,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. AQR Capital Management LLC increased its position in shares of Amazon.com by 11.0% during the 1st quarter. AQR Capital Management LLC now owns 5,975,977 shares of the e-commerce giant’s stock valued at $1,106,930,000 after purchasing an additional 591,572 shares during the last quarter. AlphaQ Advisors LLC increased its position in shares of Amazon.com by 15.1% during the 1st quarter. AlphaQ Advisors LLC now owns 10,722 shares of the e-commerce giant’s stock valued at $2,040,000 after purchasing an additional 1,405 shares during the last quarter. Altimeter Capital Management LP increased its position in shares of Amazon.com by 20.0% during the 1st quarter. Altimeter Capital Management LP now owns 1,045,155 shares of the e-commerce giant’s stock valued at $198,851,000 after purchasing an additional 173,930 shares during the last quarter. Alyeska Investment Group L.P. increased its position in shares of Amazon.com by 457.7% during the 1st quarter. Alyeska Investment Group L.P. now owns 3,163,853 shares of the e-commerce giant’s stock valued at $601,955,000 after purchasing an additional 2,596,566 shares during the last quarter. Finally, Amundi increased its position in shares of Amazon.com by 15.1% during the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after purchasing an additional 7,267,277 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $228.15 on Friday. 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. The stock has a 50 day moving average price of $226.87 and a two-hundred day moving average price of $208.62. The company has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last announced 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on AMZN. Bank of America lifted their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Susquehanna lifted their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a report on Friday, August 1st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Citizens Jmp initiated coverage on Amazon.com in a report on Thursday, July 10th. They set a “strong-buy” rating for the company. Finally, Roth Capital set a $250.00 target price on Amazon.com and gave the company a “buy” rating in a report on Tuesday, July 8th. Two investment 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $262.87.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 9.70% of the company’s stock.

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.