Crestwood Advisors Group LLC Has $180.15 Million Holdings in Amazon.com, Inc. $AMZN

Crestwood Advisors Group LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 946,875 shares of the e-commerce giant’s stock after purchasing an additional 4,537 shares during the quarter. Amazon.com accounts for 3.4% of Crestwood Advisors Group LLC’s holdings, making the stock its 4th biggest position. Crestwood Advisors Group LLC’s holdings in Amazon.com were worth $180,152,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of AMZN. Castlekeep Investment Advisors LLC bought a new stake in Amazon.com during the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com during the 4th quarter worth approximately $27,000. LSV Asset Management bought a new position in shares of Amazon.com during the 4th quarter worth approximately $35,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 1st quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC bought a new position in shares of Amazon.com during the 1st quarter worth approximately $40,000. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the completion of the sale, the chief executive officer owned 510,255 shares of the company’s stock, valued at $118,542,441.60. This trade represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the firm’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total value of $609,059,211.06. Following the sale, the insider directly owned 883,779,901 shares of the company’s stock, valued at $203,649,402,587.43. This represents a 0.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,025,854 shares of company stock valued at $5,659,723,195 in the last ninety days. Insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 1.5%

Shares of Amazon.com stock opened at $228.01 on Wednesday. The business has a fifty day simple moving average of $221.91 and a two-hundred day simple moving average of $208.35. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.76, a P/E/G ratio of 1.56 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 announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the firm posted $1.26 EPS. The company’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the subject of several research reports. Moffett Nathanson raised their price target on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Bank of America raised their price target on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Barclays raised their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Citizens Jmp initiated coverage on shares of Amazon.com in a research note on Thursday, July 10th. They set a “strong-buy” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $262.87.

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.