Krilogy Financial LLC Purchases 3,594 Shares of Amazon.com, Inc. $AMZN

Krilogy Financial LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,990 shares of the e-commerce giant’s stock after buying an additional 3,594 shares during the quarter. Amazon.com comprises about 1.5% of Krilogy Financial LLC’s holdings, making the stock its 17th largest position. Krilogy Financial LLC’s holdings in Amazon.com were worth $26,325,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at approximately $25,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the 1st quarter valued at $42,000. Finally, Harbor Investment Advisory LLC grew its position in shares of 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 purchasing an additional 2,145 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last three months. 10.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMZN shares. Susquehanna lifted their price target on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Monness Crespi & Hardt upped their target price on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $263.30.

Amazon.com Stock Up 0.1%

Shares of Amazon.com stock opened at $231.48 on Monday. 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 company has a 50-day moving average of $227.81 and a 200 day moving average of $209.49. The firm has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.29, a PEG ratio of 1.55 and a beta of 1.31. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly 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. 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 for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the previous year, the firm posted $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. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.