Amazon.com, Inc. $AMZN Shares Bought by Altimeter Capital Management LP

Altimeter Capital Management LP boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 20.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,045,155 shares of the e-commerce giant’s stock after purchasing an additional 173,930 shares during the quarter. Amazon.com comprises 4.0% of Altimeter Capital Management LP’s investment portfolio, making the stock its 8th biggest position. Altimeter Capital Management LP’s holdings in Amazon.com were worth $198,851,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Castlekeep Investment Advisors LLC bought a new position in Amazon.com in the fourth quarter valued at about $25,000. Cooksen Wealth LLC bought a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. bought a new position in Amazon.com in the first quarter valued at about $42,000. Finally, Harbor Investment Advisory LLC grew its position in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 2,145 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider directly owned 897,722,088 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last quarter. 9.70% of the stock is currently owned by insiders.

Amazon.com Price Performance

Amazon.com stock opened at $228.15 on Friday. The stock’s 50 day moving average is $226.87 and its 200 day moving average is $208.62. 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 firm has a market cap of $2.43 trillion, a P/E ratio of 34.78, a P/E/G ratio of 1.54 and a beta of 1.30. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. 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. Rosenblatt Securities lifted their target price on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Evercore ISI restated an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Finally, BMO Capital Markets boosted their price target on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $262.87.

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.