Amazon.com, Inc. $AMZN Shares Acquired by LGT Group Foundation

LGT Group Foundation raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,026,742 shares of the e-commerce giant’s stock after acquiring an additional 358,222 shares during the period. Amazon.com makes up about 5.3% of LGT Group Foundation’s portfolio, making the stock its 3rd biggest position. LGT Group Foundation’s holdings in Amazon.com were worth $385,608,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in AMZN. Nuveen LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at $11,674,091,000. GAMMA Investing LLC lifted its stake 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 valued at $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Capital World Investors lifted its stake 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 valued at $14,416,078,000 after purchasing an additional 17,681,004 shares during the period. Capital International Investors lifted its stake 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 valued at $12,564,961,000 after purchasing an additional 12,000,745 shares during the period. Finally, Northern Trust Corp lifted its stake 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 valued at $21,297,564,000 after purchasing an additional 11,926,749 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Up 1.0%

Shares of AMZN opened at $238.24 on Wednesday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a market capitalization of $2.54 trillion, a P/E ratio of 36.32, a P/E/G ratio of 1.58 and a beta of 1.30. The firm has a 50-day moving average price of $226.43 and a 200 day moving average price of $208.24. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last posted its 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. 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 analyst estimates of $161.80 billion. During the same period in the previous year, the business posted $1.26 EPS. Amazon.com’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMZN. BNP Paribas Exane upgraded shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price for the company in a research note on Friday, June 27th. Wedbush boosted their target price on shares of Amazon.com from $235.00 to $250.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. JMP Securities restated a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Cowen restated a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Finally, Citigroup restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $262.87.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is currently owned by company insiders.

Amazon.com Company 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.