Matrix Trust Co Buys 483 Shares of Amazon.com, Inc. $AMZN

Matrix Trust Co increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 43.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,582 shares of the e-commerce giant’s stock after buying an additional 483 shares during the quarter. Matrix Trust Co’s holdings in Amazon.com were worth $347,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Sowell Financial Services LLC boosted its position in shares of Amazon.com by 4.1% in the second quarter. Sowell Financial Services LLC now owns 227,629 shares of the e-commerce giant’s stock worth $49,939,000 after purchasing an additional 8,957 shares during the period. Westfuller Advisors LLC boosted its position in shares of Amazon.com by 470.6% in the second quarter. Westfuller Advisors LLC now owns 28,078 shares of the e-commerce giant’s stock worth $6,160,000 after purchasing an additional 23,157 shares during the period. Quad Cities Investment Group LLC boosted its position in shares of Amazon.com by 4.5% in the second quarter. Quad Cities Investment Group LLC now owns 28,506 shares of the e-commerce giant’s stock worth $6,254,000 after purchasing an additional 1,236 shares during the period. Petredis Investment Advisors LLC boosted its position in shares of Amazon.com by 1.1% in the second quarter. Petredis Investment Advisors LLC now owns 171,783 shares of the e-commerce giant’s stock worth $37,687,000 after purchasing an additional 1,946 shares during the period. Finally, Annex Advisory Services LLC boosted its position in shares of Amazon.com by 20.7% in the second quarter. Annex Advisory Services LLC now owns 408,477 shares of the e-commerce giant’s stock worth $89,616,000 after purchasing an additional 70,022 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 1.1%

AMZN stock opened at $222.17 on Tuesday. The company has a market capitalization of $2.37 trillion, a PE ratio of 33.87, a P/E/G ratio of 1.47 and a beta of 1.31. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The firm’s 50-day moving average is $227.30 and its 200 day moving average is $210.52. 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 earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for 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 company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 21,770,485 shares of company stock valued at $4,938,795,968. 10.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AMZN. Scotiabank upped their target price 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. Pivotal Research upped their target price on shares of Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Westpark Capital restated a “buy” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. DA Davidson upped their target price on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $264.13.

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.