Amazon.com, Inc. $AMZN Shares Acquired by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 14.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,118 shares of the e-commerce giant’s stock after acquiring an additional 1,001 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Amazon.com were worth $1,545,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMZN. GAMMA Investing LLC grew its holdings in shares of Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after acquiring an additional 30,104,520 shares during the last quarter. Capital World Investors grew its holdings in shares of Amazon.com by 36.8% in the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock worth $14,416,078,000 after acquiring an additional 17,681,004 shares during the last quarter. Capital International Investors grew its holdings in shares of Amazon.com by 26.5% in the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant’s stock worth $12,564,961,000 after acquiring an additional 12,000,745 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Amazon.com by 14.0% in the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant’s stock worth $21,297,564,000 after acquiring an additional 11,926,749 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Amazon.com in the 4th quarter worth $2,037,963,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, 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 completion of the sale, the chief executive officer owned 520,507 shares in the company, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. The trade was a 2.22% 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 worth $5,675,473,849 in the last 90 days. Insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AMZN shares. Bank of America lifted their target price on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Jefferies Financial Group upped their price target on Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Cantor Fitzgerald upped their price target on Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Royal Bank Of Canada upped their price target on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, Robert W. Baird upped their price target on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com Stock Performance

AMZN opened at $225.34 on Wednesday. The company has a market cap of $2.40 trillion, a PE ratio of 34.35, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The stock has a 50-day moving average of $224.91 and a 200-day moving average of $207.92. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. 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 released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.