Amazon.com, Inc. $AMZN is Cumberland Partners Ltd’s 9th Largest Position

Cumberland Partners Ltd raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 207,491 shares of the e-commerce giant’s stock after buying an additional 8,724 shares during the period. Amazon.com comprises approximately 3.0% of Cumberland Partners Ltd’s portfolio, making the stock its 9th largest position. Cumberland Partners Ltd’s holdings in Amazon.com were worth $39,477,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Talisman Wealth Advisors LLC increased its position in shares of Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock valued at $1,020,000 after acquiring an additional 53 shares in the last quarter. SWAN Capital LLC increased its position in shares of Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock valued at $396,000 after acquiring an additional 55 shares in the last quarter. Hamel Associates Inc. increased its position in shares of Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after acquiring an additional 55 shares in the last quarter. CWC Advisors LLC. increased its position in shares of Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant’s stock valued at $411,000 after acquiring an additional 56 shares in the last quarter. Finally, JBGlobal.com LLC increased its position in shares of Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant’s stock valued at $508,000 after acquiring an additional 56 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Down 1.6%

AMZN opened at $225.34 on Wednesday. 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, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm’s fifty day moving average is $224.91 and its 200 day moving average is $207.92. The stock has a market cap of $2.40 trillion, a price-to-earnings ratio of 34.35, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous year, the company earned $1.26 EPS. Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 25,095,411 shares of company stock worth $5,675,473,849. 10.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AMZN. JPMorgan Chase & Co. raised their price target on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Morgan Stanley reiterated an “overweight” rating and set a $300.00 target price on shares of Amazon.com in a research note on Thursday, August 14th. Pivotal Research boosted their target price on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. DA Davidson boosted their target price on shares of Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average 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.