Amazon.com, Inc. $AMZN Shares Purchased by New England Research & Management Inc.

New England Research & Management Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,879 shares of the e-commerce giant’s stock after purchasing an additional 1,116 shares during the period. Amazon.com comprises about 2.5% of New England Research & Management Inc.’s investment portfolio, making the stock its 6th largest position. New England Research & Management Inc.’s holdings in Amazon.com were worth $5,239,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Krilogy Financial LLC boosted its stake in Amazon.com by 3.1% during the second quarter. Krilogy Financial LLC now owns 119,990 shares of the e-commerce giant’s stock worth $26,325,000 after buying an additional 3,594 shares in the last quarter. Epiq Partners LLC lifted its holdings in shares of Amazon.com by 2.4% during the 2nd quarter. Epiq Partners LLC now owns 2,521 shares of the e-commerce giant’s stock worth $553,000 after acquiring an additional 60 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of Amazon.com by 8.6% during the 2nd quarter. Fiduciary Alliance LLC now owns 148,931 shares of the e-commerce giant’s stock worth $32,674,000 after acquiring an additional 11,733 shares during the period. Market Street Wealth Management Advisors LLC raised its position in Amazon.com by 1.6% in the second quarter. Market Street Wealth Management Advisors LLC now owns 6,654 shares of the e-commerce giant’s stock worth $1,460,000 after purchasing an additional 102 shares in the last quarter. Finally, Boyum Wealth Architects LLC raised its position in Amazon.com by 17.5% in the second quarter. Boyum Wealth Architects LLC now owns 1,613 shares of the e-commerce giant’s stock worth $354,000 after purchasing an additional 240 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of several analyst reports. Susquehanna upped their price objective on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Wells Fargo & Company boosted their price target on Amazon.com from $238.00 to $245.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. Bank of America boosted their price target on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the company an “outperform” rating in a report on Tuesday, July 1st. Finally, Oppenheimer cut their price objective on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $263.30.

Amazon.com Price Performance

AMZN opened at $231.48 on Monday. The company has a fifty day moving average price of $227.81 and a two-hundred day moving average price of $209.49. 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, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market capitalization of $2.47 trillion, a PE ratio of 35.29, a P/E/G ratio of 1.55 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last posted 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company earned $1.26 EPS. The firm’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last quarter. Corporate insiders own 10.80% 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.