RB Capital Management LLC Has $9.98 Million Stock Holdings in Amazon.com, Inc. $AMZN

RB Capital Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,475 shares of the e-commerce giant’s stock after purchasing an additional 1,630 shares during the period. Amazon.com makes up about 2.3% of RB Capital Management LLC’s portfolio, making the stock its 10th biggest holding. RB Capital Management LLC’s holdings in Amazon.com were worth $9,977,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AMZN. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter worth approximately $42,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Amazon.com in the first quarter worth approximately $59,000. Finally, von Borstel & Associates Inc. purchased a new stake in shares of Amazon.com in the first quarter worth approximately $66,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Evercore ISI reissued an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. BMO Capital Markets raised their price target on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. 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 stock. According to MarketBeat, Amazon.com has an average rating of “Buy” and an average price target of $263.30.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 completion of the sale, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 1.0%

AMZN stock opened at $231.62 on Thursday. The stock has a market capitalization of $2.47 trillion, a P/E ratio of 35.31, a P/E/G ratio of 1.56 and a beta of 1.30. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a 50-day simple moving average of $227.51 and a 200-day simple moving average of $209.05. 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) 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. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities 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.