Oriental Harbor Investment Fund Purchases 228,284 Shares of Amazon.com, Inc. $AMZN

Oriental Harbor Investment Fund boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 69.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 555,429 shares of the e-commerce giant’s stock after acquiring an additional 228,284 shares during the quarter. Amazon.com accounts for about 11.7% of Oriental Harbor Investment Fund’s holdings, making the stock its 5th biggest holding. Oriental Harbor Investment Fund’s holdings in Amazon.com were worth $105,676,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the 1st quarter worth approximately $42,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Amazon.com during the 1st quarter worth approximately $59,000. Finally, von Borstel & Associates Inc. purchased a new stake in shares of Amazon.com during the 1st quarter worth approximately $66,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Scotiabank boosted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, July 22nd. HSBC lifted their target price on shares of Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. Barclays lifted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Finally, Westpark Capital reaffirmed a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Two 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $262.87.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $228.15 on Friday. The firm 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, Inc. has a one year low of $161.38 and a one year high of $242.52. The company’s fifty day moving average is $226.87 and its two-hundred day moving average is $208.58. 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 (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business 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 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were 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 approximately $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 transaction of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,097,911 shares of company stock worth $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.