Petredis Investment Advisors LLC Purchases 1,946 Shares of Amazon.com, Inc. $AMZN

Petredis Investment Advisors LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 171,783 shares of the e-commerce giant’s stock after buying an additional 1,946 shares during the quarter. Amazon.com makes up 3.3% of Petredis Investment Advisors LLC’s holdings, making the stock its 8th biggest position. Petredis Investment Advisors LLC’s holdings in Amazon.com were worth $37,687,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AMZN. Kingstone Capital Partners Texas LLC raised its holdings in Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares during the period. Nuveen LLC purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $11,674,091,000. GAMMA Investing LLC increased its position in shares of Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock valued at $5,754,425,000 after buying an additional 30,104,520 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Amazon.com in the 4th quarter valued at $2,037,963,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of several recent analyst reports. Moffett Nathanson increased their price objective on shares of Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. Bank of America raised their price target on shares of Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Citizens Jmp started coverage on Amazon.com in a report on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Oppenheimer reduced their target price on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. Finally, Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average target price of $264.13.

Amazon.com Stock Performance

Shares of AMZN stock opened at $222.17 on Tuesday. 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 has a market cap of $2.37 trillion, a P/E ratio of 33.87, a P/E/G ratio of 1.47 and a beta of 1.31. The firm’s 50 day moving average price is $227.30 and its 200-day moving average price is $210.52. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating 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 company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the company posted $1.26 EPS. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,770,485 shares of company stock valued at $4,938,795,968 over the last quarter. Insiders own 10.80% of the company’s stock.

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.