Next Level Private LLC Buys 120 Shares of Amazon.com, Inc. $AMZN

Next Level Private LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 11,778 shares of the e-commerce giant’s stock after acquiring an additional 120 shares during the period. Amazon.com makes up approximately 0.8% of Next Level Private LLC’s holdings, making the stock its 29th biggest position. Next Level Private LLC’s holdings in Amazon.com were worth $2,584,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Bare Financial Services Inc lifted its stake in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares during the period. Talisman Wealth Advisors LLC raised its stake in Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC raised its stake in Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after acquiring an additional 55 shares during the period. Hamel Associates Inc. raised its stake in Amazon.com by 1.4% during the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock worth $780,000 after acquiring an additional 55 shares during the period. Finally, Clifford Group LLC raised its stake in Amazon.com by 0.4% during the 1st quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant’s stock worth $2,589,000 after acquiring an additional 55 shares during the period. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMZN. Royal Bank Of Canada raised their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Wedbush reissued an “outperform” rating and issued a $250.00 target price on shares of Amazon.com in a report on Friday. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the company an “outperform” rating in a report on Tuesday, July 1st. Finally, Cantor Fitzgerald raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $263.30.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the sale, the chief executive officer owned 518,007 shares in the company, valued at approximately $115,769,384.43. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. In the last three months, 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 Stock Performance

Shares of Amazon.com stock opened at $231.48 on Friday. The company has a market capitalization of $2.47 trillion, a PE ratio of 35.29, a P/E/G ratio of 1.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a 50-day simple moving average of $227.81 and a two-hundred day simple moving average of $209.42. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results 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. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue was up 13.3% on a year-over-year basis. 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. Research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

About Amazon.com

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.