TTP Investments Inc. Has $7.41 Million Stock Position in Amazon.com, Inc. $AMZN

TTP Investments Inc. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 87.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,769 shares of the e-commerce giant’s stock after buying an additional 15,781 shares during the quarter. Amazon.com accounts for about 2.4% of TTP Investments Inc.’s investment portfolio, making the stock its 12th largest position. TTP Investments Inc.’s holdings in Amazon.com were worth $7,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC boosted its stake in Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares in the last quarter. Nuveen LLC acquired a new stake in Amazon.com in the 1st quarter valued at $11,674,091,000. GAMMA Investing LLC boosted its stake in Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock valued at $5,754,425,000 after buying an additional 30,104,520 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Amazon.com in the 4th quarter valued at $2,037,963,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Wedbush reiterated an “outperform” rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. The Goldman Sachs Group reiterated a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Finally, Oppenheimer cut their price objective on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $264.04.

Amazon.com Stock Up 0.7%

Shares of Amazon.com stock opened at $219.78 on Monday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The business has a 50-day moving average of $227.44 and a two-hundred day moving average of $210.35. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.50, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31. 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 (NASDAQ:AMZN) last posted its quarterly earnings data 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. The company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction dated 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 owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the sale, the chief executive officer owned 518,007 shares in the company, valued at $115,769,384.43. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,772,985 shares of company stock valued at $4,939,346,118 in the last ninety days. Insiders own 10.80% of the company’s stock.

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.