Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,319,992 shares of the e-commerce giant’s stock after acquiring an additional 34,245 shares during the period. Amazon.com accounts for about 5.0% of Skandinaviska Enskilda Banken AB publ’s investment portfolio, making the stock its 4th largest position. Skandinaviska Enskilda Banken AB publ owned 0.05% of Amazon.com worth $1,012,182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Prudent Man Investment Management Inc. purchased a new position in shares of Amazon.com during the 4th quarter worth about $27,000. LSV Asset Management purchased a new position in shares of Amazon.com during the 4th quarter worth about $35,000. Perritt Capital Management Inc lifted its holdings in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after acquiring an additional 80 shares during the period. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter worth about $36,000. Finally, Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter worth about $40,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms recently commented on AMZN. Rosenblatt Securities raised their price target on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a report on Friday, August 1st. Benchmark restated a “buy” rating and issued a $260.00 price target on shares of Amazon.com in a report on Friday, May 2nd. Westpark Capital restated a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Tuesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $262.87.
Amazon.com Stock Up 3.1%
AMZN stock opened at $228.84 on Monday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.44 trillion, a P/E ratio of 34.88, a PEG ratio of 1.54 and a beta of 1.31. The firm has a 50 day simple moving average of $222.63 and a 200-day simple moving average of $207.85.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. 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 company earned $1.26 earnings per share. 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 predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Jeffrey P. Bezos sold 2,643,142 shares of the firm’s stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares of the company’s stock, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com 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 transaction, the chief executive officer directly owned 510,255 shares of the company’s stock, valued at approximately $118,542,441.60. This represents a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492 in the last three months. Corporate insiders own 10.80% of the company’s stock.
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.
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