University of Texas Texas AM Investment Management Co. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,526 shares of the e-commerce giant’s stock after buying an additional 2,928 shares during the period. Amazon.com accounts for approximately 2.7% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its 5th biggest position. University of Texas Texas AM Investment Management Co.’s holdings in Amazon.com were worth $15,892,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the company. Shoker Investment Counsel Inc. boosted its position in Amazon.com by 1.6% during the first quarter. Shoker Investment Counsel Inc. now owns 28,037 shares of the e-commerce giant’s stock worth $5,334,000 after purchasing an additional 451 shares during the period. Carrera Capital Advisors boosted its position in Amazon.com by 12.4% during the first quarter. Carrera Capital Advisors now owns 20,079 shares of the e-commerce giant’s stock worth $3,820,000 after purchasing an additional 2,209 shares during the period. Wealthstream Advisors Inc. boosted its position in Amazon.com by 0.8% during the first quarter. Wealthstream Advisors Inc. now owns 13,368 shares of the e-commerce giant’s stock worth $2,543,000 after purchasing an additional 107 shares during the period. Metis Global Partners LLC boosted its position in Amazon.com by 11.3% during the first quarter. Metis Global Partners LLC now owns 598,113 shares of the e-commerce giant’s stock worth $113,797,000 after purchasing an additional 60,704 shares during the period. Finally, Nemes Rush Group LLC boosted its position in Amazon.com by 0.4% during the first quarter. Nemes Rush Group LLC now owns 93,984 shares of the e-commerce giant’s stock worth $17,881,000 after purchasing an additional 348 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Amazon.com
In related news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the sale, the chief executive officer directly owned 520,507 shares of the company’s stock, valued at $115,354,761.34. This represents a 1.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,675,986,299 over the last three months. 10.80% of the stock is owned by insiders.
Amazon.com Trading Up 0.3%
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous year, the business posted $1.26 earnings per share. Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms have commented on AMZN. JPMorgan Chase & Co. lifted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective for the company in a research report on Friday, June 27th. Wedbush lifted their price objective on shares of Amazon.com from $235.00 to $250.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Finally, DA Davidson lifted their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and an average price target of $262.87.
View Our Latest Stock Report on AMZN
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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