Curi RMB Capital LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 504,052 shares of the e-commerce giant’s stock after purchasing an additional 22,892 shares during the quarter. Amazon.com accounts for 2.4% of Curi RMB Capital LLC’s investment portfolio, making the stock its 2nd largest position. Curi RMB Capital LLC’s holdings in Amazon.com were worth $95,901,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Bridgeway Capital Management LLC grew its stake in Amazon.com by 15.8% in the 1st quarter. Bridgeway Capital Management LLC now owns 122,030 shares of the e-commerce giant’s stock valued at $23,218,000 after purchasing an additional 16,646 shares during the period. Bridger Management LLC grew its stake in Amazon.com by 424.3% in the 1st quarter. Bridger Management LLC now owns 63,514 shares of the e-commerce giant’s stock valued at $12,084,000 after purchasing an additional 51,400 shares during the period. Belmont Capital LLC grew its stake in Amazon.com by 3.0% in the 1st quarter. Belmont Capital LLC now owns 144,624 shares of the e-commerce giant’s stock valued at $27,516,000 after purchasing an additional 4,220 shares during the period. Banque Transatlantique SA grew its stake in Amazon.com by 232.2% in the 1st quarter. Banque Transatlantique SA now owns 5,849,370 shares of the e-commerce giant’s stock valued at $1,028,464,000 after purchasing an additional 4,088,556 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Amazon.com by 1.5% in the 1st quarter. Alliancebernstein L.P. now owns 57,797,169 shares of the e-commerce giant’s stock valued at $10,996,489,000 after purchasing an additional 839,280 shares during the period. Institutional investors own 72.20% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Citigroup restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Truist Financial upped their price target on Amazon.com from $226.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Wells Fargo & Company upped their price target on Amazon.com from $238.00 to $245.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. Finally, Moffett Nathanson upped their price target on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Amazon.com presently has an average rating of “Buy” and an average price target of $262.87.
Amazon.com Stock Performance
NASDAQ:AMZN opened at $228.15 on Friday. The business’s 50-day moving average price is $226.87 and its two-hundred day moving average price is $208.62. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The stock has a market cap of $2.43 trillion, a P/E 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 (NASDAQ:AMZN – Get 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 firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS 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 the firm’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Company insiders own 9.70% of the company’s stock.
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.
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