Park Avenue Securities LLC Takes Position in Amazon.com, Inc. $AMZN

Park Avenue Securities LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 372,096 shares of the e-commerce giant’s stock, valued at approximately $81,634,000. Amazon.com comprises 0.8% of Park Avenue Securities LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other hedge funds have also modified their holdings of AMZN. Bare Financial Services Inc increased its position in Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares during the last quarter. Vista Investment Partners LLC increased its position in Amazon.com by 0.9% in the 2nd quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant’s stock worth $1,285,000 after purchasing an additional 52 shares during the last quarter. Talisman Wealth Advisors LLC increased its position in Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after purchasing an additional 53 shares during the last quarter. Stonekeep Investments LLC increased its position in Amazon.com by 0.4% in the 2nd quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant’s stock worth $3,030,000 after purchasing an additional 54 shares during the last quarter. Finally, SWAN Capital LLC increased its position in Amazon.com by 3.1% in the 4th 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 last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

AMZN opened at $222.17 on Tuesday. The firm has a market capitalization of $2.37 trillion, a P/E ratio of 33.87, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31. The stock’s 50 day moving average price is $227.30 and its two-hundred day moving average price is $210.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the company earned $1.26 EPS. 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. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the firm’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 value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,770,485 shares of company stock worth $4,938,795,968. 10.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AMZN has been the topic of several research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Wedbush reaffirmed an “outperform” rating and issued a $250.00 target price on shares of Amazon.com in a research report on Friday, September 19th. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a report on Wednesday, September 10th. Finally, Truist Financial increased their price objective on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Two 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 data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $264.13.

Amazon.com Company 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.