Central Valley Advisors LLC Increases Position in Amazon.com, Inc. $AMZN

Central Valley Advisors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,015 shares of the e-commerce giant’s stock after buying an additional 448 shares during the period. Amazon.com comprises approximately 1.6% of Central Valley Advisors LLC’s portfolio, making the stock its 17th largest position. Central Valley Advisors LLC’s holdings in Amazon.com were worth $4,610,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. Northern Trust Corp boosted its holdings in shares of Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Amazon.com by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant’s stock worth $14,474,471,000 after purchasing an additional 8,142,030 shares during the period. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter worth about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Amazon.com by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock worth $11,461,952,000 after purchasing an additional 605,415 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on AMZN. Barclays increased their price target on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. HSBC increased their price target on shares of Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Finally, Truist Financial increased their price target on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $263.30.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. This trade represents a 2.22% 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 90 days. 10.80% of the stock is owned by company insiders.

Amazon.com Trading Down 3.0%

Shares of AMZN stock opened at $220.71 on Wednesday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average is $227.74 and its 200 day moving average is $209.76. The stock has a market capitalization of $2.35 trillion, a P/E ratio of 33.64, a P/E/G ratio of 1.52 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results 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 net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter last year, the company posted $1.26 EPS. The company’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.