Brooklyn FI LLC Increases Holdings in Amazon.com, Inc. $AMZN

Brooklyn FI LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 18.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,351 shares of the e-commerce giant’s stock after buying an additional 359 shares during the quarter. Brooklyn FI LLC’s holdings in Amazon.com were worth $516,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares in the last quarter. Northern Trust Corp raised its position in Amazon.com by 0.3% in the 1st 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 raised its position in Amazon.com by 14.1% in the 4th 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 Amazon.com in the 1st quarter worth about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its position in Amazon.com by 1.0% in the 1st 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.

Amazon.com Price Performance

NASDAQ AMZN opened at $220.21 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm’s 50 day moving average price is $227.68 and its 200-day moving average price is $209.83. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a market cap of $2.35 trillion, a PE ratio of 33.57, a P/E/G ratio of 1.47 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the firm earned $1.26 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 in the last 90 days. 9.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMZN has been the topic of a number of recent analyst reports. Bank of America increased their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Wells Fargo & Company raised shares of Amazon.com from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $245.00 to $280.00 in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. DA Davidson increased their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Monness Crespi & Hardt increased their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Amazon.com has a consensus rating of “Buy” and a consensus target price of $264.04.

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.