Key Client Fiduciary Advisors LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,668 shares of the e-commerce giant’s stock after acquiring an additional 1,477 shares during the quarter. Amazon.com accounts for 2.7% of Key Client Fiduciary Advisors LLC’s holdings, making the stock its 7th biggest position. Key Client Fiduciary Advisors LLC’s holdings in Amazon.com were worth $6,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also modified their holdings of AMZN. Bare Financial Services Inc boosted its holdings in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after buying an additional 48 shares during the last quarter. Talisman Wealth Advisors LLC increased its position in Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after buying an additional 53 shares during the period. SWAN Capital LLC increased its position in shares of Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after purchasing an additional 55 shares during the period. Hamel Associates Inc. increased its position in shares of Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock worth $780,000 after purchasing an additional 55 shares during the period. Finally, Clifford Group LLC increased its position in shares of Amazon.com by 0.4% in the first quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant’s stock worth $2,589,000 after purchasing an additional 55 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is owned by company insiders.
Amazon.com Trading Up 0.1%
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter last year, the business posted $1.26 EPS. The business’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, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Wall Street Analyst Weigh In
Several analysts recently weighed in on AMZN shares. Scotiabank raised their price objective on Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 22nd. The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Wedbush reissued an “outperform” rating and set a $250.00 price target on shares of Amazon.com in a research note on Friday. Cantor Fitzgerald lifted their price target on Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Needham & Company LLC reissued a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Two investment 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. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $263.30.
View Our Latest Stock Report on Amazon.com
Amazon.com 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.
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