Pacifica Partners Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 47,217 shares of the e-commerce giant’s stock after selling 239 shares during the period. Amazon.com accounts for approximately 4.3% of Pacifica Partners Inc.’s holdings, making the stock its 3rd biggest position. Pacifica Partners Inc.’s holdings in Amazon.com were worth $10,544,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the business. Bare Financial Services Inc lifted its stake in Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after purchasing an additional 48 shares during the last quarter. Vista Investment Partners LLC lifted its stake in Amazon.com by 0.9% during the second quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant’s stock valued at $1,285,000 after purchasing an additional 52 shares during the last quarter. Talisman Wealth Advisors LLC lifted its stake in Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock valued at $1,020,000 after purchasing an additional 53 shares during the last quarter. Stonekeep Investments LLC lifted its stake in Amazon.com by 0.4% during the second quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant’s stock valued at $3,030,000 after purchasing an additional 54 shares during the last quarter. Finally, SWAN Capital LLC lifted its stake in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock valued at $396,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s 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 transaction, the insider 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have sold 21,770,485 shares of company stock worth $4,938,795,968. 10.80% of the stock is currently owned by company insiders.
Amazon.com Stock Up 1.1%
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts recently commented on AMZN shares. Westpark Capital restated a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Royal Bank Of Canada upped their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. JMP Securities restated a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Finally, Citigroup reiterated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus price target of $264.13.
Get Our Latest Research Report on AMZN
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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