UNIVEST FINANCIAL Corp Has $39.10 Million Position in Amazon.com, Inc. $AMZN

UNIVEST FINANCIAL Corp grew its stake in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 6.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,515 shares of the e-commerce giant’s stock after acquiring an additional 12,545 shares during the period. Amazon.com accounts for about 2.6% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 6th biggest position. UNIVEST FINANCIAL Corp’s holdings in Amazon.com were worth $39,101,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Western Wealth Management LLC raised its stake in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Amazon.com during the first quarter worth approximately $514,000. Bearing Point Capital LLC bought a new stake in shares of Amazon.com during the fourth quarter worth approximately $12,014,000. Evergreen Capital Management LLC raised its stake in shares of Amazon.com by 0.5% during the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant’s stock worth $53,213,000 after buying an additional 1,198 shares during the last quarter. Finally, Keyvantage Wealth LLC bought a new stake in shares of Amazon.com during the fourth quarter worth approximately $2,735,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Down 1.1%

Amazon.com stock opened at $229.00 on Tuesday. The stock has a market capitalization of $2.44 trillion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average of $224.66 and a 200-day moving average of $207.80.

Amazon.com (NASDAQ:AMZNGet 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, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMZN. BMO Capital Markets boosted their price target on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Finally, Cowen reissued a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and an average target price of $262.87.

Get Our Latest Report on AMZN

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the sale, the chief executive officer owned 520,507 shares of the company’s stock, valued at $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,095,411 shares of company stock valued at $5,675,473,849 over the last 90 days. 10.80% of the stock is currently owned by company insiders.

Amazon.com Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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