Amazon.com, Inc. $AMZN Shares Bought by Victrix Investment Advisors

Victrix Investment Advisors raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 37,911 shares of the e-commerce giant’s stock after acquiring an additional 865 shares during the period. Amazon.com makes up 3.7% of Victrix Investment Advisors’ investment portfolio, making the stock its 4th largest holding. Victrix Investment Advisors’ holdings in Amazon.com were worth $8,317,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Ridgecrest Wealth Partners LLC lifted its holdings in shares of Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after purchasing an additional 45 shares in the last quarter. Bare Financial Services Inc lifted its holdings in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after purchasing an additional 48 shares in the last quarter. Heritage Oak Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock valued at $862,000 after purchasing an additional 48 shares in the last quarter. Cobblestone Asset Management LLC lifted its holdings in shares of Amazon.com by 3.1% during the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock valued at $367,000 after purchasing an additional 50 shares in the last quarter. Finally, Seek First Inc. lifted its holdings in shares of Amazon.com by 0.5% during the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock valued at $2,009,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Down 0.4%

Shares of Amazon.com stock opened at $215.57 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.30 trillion, a P/E ratio of 32.86, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The business’s 50 day moving average is $226.02 and its 200-day moving average is $212.21.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president directly owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. 9.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Morgan Stanley restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Telsey Advisory Group restated an “outperform” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Wednesday, September 24th. JMP Securities restated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, JPMorgan Chase & Co. boosted their target price on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Buy” and an average target price of $266.26.

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.