Amazon.com, Inc. $AMZN Shares Acquired by Kure Advisory LLC

Kure Advisory LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 14.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,129 shares of the e-commerce giant’s stock after acquiring an additional 262 shares during the period. Amazon.com makes up 0.3% of Kure Advisory LLC’s portfolio, making the stock its 27th biggest position. Kure Advisory LLC’s holdings in Amazon.com were worth $467,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Bare Financial Services Inc increased its stake in Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after buying an additional 48 shares during the period. Cobblestone Asset Management LLC increased its stake in Amazon.com by 3.1% during the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock valued at $367,000 after buying an additional 50 shares during the period. Seek First Inc. increased its stake in Amazon.com by 0.5% during the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock valued at $2,009,000 after buying an additional 50 shares during the period. Vista Investment Partners LLC increased its stake in Amazon.com by 0.9% during the 2nd quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant’s stock valued at $1,285,000 after buying an additional 52 shares during the period. Finally, Stonekeep Investments LLC increased its position in shares of Amazon.com by 0.4% during the 2nd 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 period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The stock was 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. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 20,842,622 shares of company stock worth $4,731,205,179 in the last quarter. Insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMZN. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Barclays lifted their price target on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Oppenheimer lowered their price target on Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research report on Friday, August 1st. Scotiabank lifted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-six have issued 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 an average price target of $265.09.

Amazon.com Stock Performance

Amazon.com stock opened at $222.41 on Friday. The firm’s 50 day simple moving average is $226.79 and its 200-day simple moving average is $210.83. The company has a market cap of $2.37 trillion, a P/E ratio of 33.90, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week 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, 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 the consensus estimate of $161.80 billion. During the same period last year, the firm posted $1.26 earnings per share. The firm’s quarterly 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.

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.