Amazon.com, Inc. $AMZN Holdings Boosted by Forbes J M & Co. LLP

Forbes J M & Co. LLP lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,255 shares of the e-commerce giant’s stock after buying an additional 4,422 shares during the period. Amazon.com comprises 3.5% of Forbes J M & Co. LLP’s investment portfolio, making the stock its 5th largest position. Forbes J M & Co. LLP’s holdings in Amazon.com were worth $35,627,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Venturi Wealth Management LLC raised its holdings in shares of Amazon.com by 11.1% during the 1st quarter. Venturi Wealth Management LLC now owns 76,864 shares of the e-commerce giant’s stock valued at $14,624,000 after buying an additional 7,665 shares in the last quarter. Oak Thistle LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at about $2,710,000. Teramo Advisors LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at about $339,000. First National Bank of Hutchinson raised its holdings in shares of Amazon.com by 3.8% during the 1st quarter. First National Bank of Hutchinson now owns 25,582 shares of the e-commerce giant’s stock valued at $4,867,000 after buying an additional 937 shares in the last quarter. Finally, Sustainable Growth Advisers LP raised its holdings in shares of Amazon.com by 6.1% during the 1st quarter. Sustainable Growth Advisers LP now owns 6,573,828 shares of the e-commerce giant’s stock valued at $1,250,737,000 after buying an additional 380,790 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of AMZN stock opened at $221.95 on Friday. The firm has a market cap of $2.37 trillion, a P/E ratio of 33.83, a P/E/G ratio of 1.51 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business’s 50 day moving average price is $222.30 and its 200-day moving average price is $208.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company earned $1.26 EPS. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com stock in a transaction that occurred 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 sale, the chief executive officer directly owned 510,255 shares in the company, valued at $118,542,441.60. The trade was a 0.93% decrease in their ownership of the stock. The transaction 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 Amazon.com stock in a transaction that occurred 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 owned 883,779,901 shares in the company, valued at $203,649,402,587.43. This represents a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,012,284 shares of company stock worth $5,656,976,492 over the last 90 days. 9.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on AMZN. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price target on the stock in a research note on Friday, June 27th. Jefferies Financial Group lifted their price target on Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. BMO Capital Markets lifted their price target on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, Barclays lifted their price target on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $262.87.

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.