Intrinsic Edge Capital Management LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.5% during the first quarter, Holdings Channel.com reports. The fund owned 45,000 shares of the e-commerce giant’s stock after buying an additional 5,000 shares during the period. Amazon.com accounts for approximately 1.6% of Intrinsic Edge Capital Management LLC’s holdings, making the stock its 17th largest holding. Intrinsic Edge Capital Management LLC’s holdings in Amazon.com were worth $9,372,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Alexander Labrunerie & CO. Inc. raised its stake in shares of Amazon.com by 1.5% during the 1st quarter. Alexander Labrunerie & CO. Inc. now owns 32,562 shares of the e-commerce giant’s stock worth $6,782,000 after purchasing an additional 476 shares in the last quarter. Unconventional Investor LLC boosted its holdings in shares of Amazon.com by 24.9% in the 1st quarter. Unconventional Investor LLC now owns 1,100 shares of the e-commerce giant’s stock valued at $229,000 after buying an additional 219 shares during the last quarter. Tanaka Capital Management Inc. grew its stake in shares of Amazon.com by 20.0% in the first quarter. Tanaka Capital Management Inc. now owns 6,052 shares of the e-commerce giant’s stock valued at $1,260,000 after buying an additional 1,010 shares in the last quarter. RBF Capital LLC increased its holdings in Amazon.com by 30.0% during the first quarter. RBF Capital LLC now owns 65,000 shares of the e-commerce giant’s stock worth $13,538,000 after buying an additional 15,000 shares during the last quarter. Finally, Financial Insights Inc. increased its holdings in Amazon.com by 16.1% during the first quarter. Financial Insights Inc. now owns 15,630 shares of the e-commerce giant’s stock worth $3,255,000 after buying an additional 2,168 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.
Amazon.com Stock Performance
AMZN opened at $272.27 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The business has a fifty day simple moving average of $247.00 and a 200 day simple moving average of $238.07. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company has a market capitalization of $2.94 trillion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 1.85 and a beta of 1.45.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and set a $390.00 price target (up from $280.00) on shares of Amazon.com in a research report on Friday, July 31st. China Renaissance upped their price objective on Amazon.com from $300.00 to $326.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Phillip Securities lowered Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, August 3rd. Finally, Telsey Advisory Group set a $335.00 price objective on Amazon.com and gave the company an “outperform” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $322.56.
Read Our Latest Stock Report on Amazon.com
Amazon.com News Roundup
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Strong Q2 results continue to support the long-term case. Amazon’s latest quarter featured $200.6 billion in revenue, up nearly 20% year over year, and a substantial earnings beat. Investors remain focused on accelerating AWS growth and AI-related demand. Amazon: A Post-Earnings Drift Candidate
- Positive Sentiment: Analyst estimates and institutional interest remain favorable. Erste Group raised its FY2027 EPS forecast to $10.36 from $10.11, while the reported analyst consensus remains a “Moderate Buy.” The median price target of $320 is above recent trading levels. Amazon Receives Moderate Buy Recommendation
- Positive Sentiment: Amazon is expanding its consumer and emerging-business footprint. The company added more than 750 Locker locations across over 500 U.S. college campuses, improving delivery convenience and potentially strengthening student engagement. Separately, Zoox launched paid robotaxi rides in Las Vegas after receiving regulatory approval, creating a new—but early-stage—growth opportunity. Amazon Expands Locker Package Pickup
- Neutral Sentiment: Jeff Bezos’ stock sale adds headline pressure but appears planned. Bezos reportedly sold roughly $350 million of Amazon shares through a prearranged 10b5-1 plan. The transaction may concern investors after the rally, but it does not necessarily signal a change in the company’s outlook. Jeff Bezos’ Amazon Sale
- Negative Sentiment: New York delivery-worker legislation could raise costs. A bill backed by Mayor Zohran Mamdani would require large delivery operators to employ couriers directly rather than rely on subcontractors. Amazon says the measure could threaten local jobs and prompt warehouse changes; the company is reportedly spending about $5 million to oppose it. Mamdani Takes on Amazon in New Battle Over New York’s Delivery Workers
- Negative Sentiment: Market-wide risk is weighing on mega-cap technology stocks. Wall Street retreated as optimism over an Iran peace deal faded, oil prices remained elevated and investors awaited inflation data. Amazon and Alphabet accounted for much of the major-index decline, while competition for AI infrastructure funding also raised questions about future AWS capital requirements. U.S. Stocks End Lower as Iran Peace Deal Optimism Fades
Insiders Place Their Bets
In other Amazon.com news, CEO Douglas J. Herrington sold 6,370 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.39, for a total value of $1,671,424.30. Following the completion of the sale, the chief executive officer owned 486,527 shares in the company, valued at $127,659,819.53. The trade was a 1.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the completion of the sale, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at $3,729,480.60. This represents a 52.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 77,867 shares of company stock valued at $20,532,092 in the last three months. Insiders own 8.90% of the company’s stock.
About Amazon.com
Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.
Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.
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