Amazon.com, Inc. $AMZN Stock Position Raised by Bridger Management LLC

Bridger Management LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 424.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,514 shares of the e-commerce giant’s stock after purchasing an additional 51,400 shares during the quarter. Amazon.com makes up approximately 6.0% of Bridger Management LLC’s holdings, making the stock its 4th largest holding. Bridger Management LLC’s holdings in Amazon.com were worth $12,084,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMZN. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter worth $42,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Amazon.com during the 1st quarter worth $59,000. Finally, von Borstel & Associates Inc. acquired a new position in Amazon.com during the 1st quarter worth $66,000. 72.20% of the stock is currently 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 current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock’s 50-day moving average is $226.87 and its two-hundred day moving average is $208.62. The firm has a market cap 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 issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the firm posted $1.26 EPS. The business’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Bank of America upped their price objective on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a report on Friday, August 1st. JPMorgan Chase & Co. upped their target price on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Oppenheimer reduced their target price on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. UBS Group reaffirmed a “buy” rating and set a $271.00 target price (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Finally, Rosenblatt Securities upped their target price on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $262.87.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate 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.