Amundi Boosts Holdings in Amazon.com, Inc. $AMZN

Amundi boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,337,037 shares of the e-commerce giant’s stock after acquiring an additional 7,267,277 shares during the quarter. Amazon.com accounts for approximately 3.6% of Amundi’s investment portfolio, making the stock its 4th biggest holding. Amundi owned approximately 0.52% of Amazon.com worth $9,884,098,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the first quarter worth $42,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Amazon.com during the first quarter worth $59,000. Finally, von Borstel & Associates Inc. bought a new position in shares of Amazon.com in the first quarter valued at about $66,000. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were 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 owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last quarter. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Down 0.8%

Shares of Amazon.com stock opened at $228.15 on Friday. The company has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm’s 50-day moving average price is $226.87 and its two-hundred day moving average price is $208.62.

Amazon.com (NASDAQ:AMZN) last posted its quarterly 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 the consensus estimate of $161.80 billion. During the same period last year, the company posted $1.26 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMZN has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Rosenblatt Securities increased their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com 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 on the stock in a research report on Friday, June 27th. Finally, Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus target price of $262.87.

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.