Five Oceans Advisors Has $3.18 Million Stake in Amazon.com, Inc. $AMZN

Five Oceans Advisors decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,494 shares of the e-commerce giant’s stock after selling 491 shares during the quarter. Amazon.com comprises approximately 1.4% of Five Oceans Advisors’ investment portfolio, making the stock its 15th biggest position. Five Oceans Advisors’ holdings in Amazon.com were worth $3,180,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Western Wealth Management LLC grew its position in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC grew its position in Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after buying an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com during the first quarter worth approximately $514,000. Border to Coast Pensions Partnership Ltd grew its position in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after buying an additional 63,924 shares in the last quarter. Finally, Harbor Investment Advisory LLC grew its position in Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after buying an additional 2,145 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Truist Financial increased their price target on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. Citizens Jmp assumed coverage on Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Cantor Fitzgerald increased their price target on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Telsey Advisory Group reissued an “outperform” rating and set a $265.00 price target on shares of Amazon.com in a research report on Wednesday, September 24th. Finally, Citigroup reissued an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $266.26.

Amazon.com Stock Up 0.4%

Shares of AMZN opened at $221.78 on Wednesday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The stock has a market capitalization of $2.37 trillion, a price-to-earnings ratio of 33.81, a PEG ratio of 1.48 and a beta of 1.28. 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 stock has a fifty day moving average of $226.13 and a 200-day moving average of $211.48.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 analysts’ expectations of $161.80 billion. During the same period in the prior year, the company earned $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, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of $227.77, for a total value of $973,315,191.49. Following the completion of the transaction, the insider directly owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,313,335 shares of company stock valued at $4,164,795,815 over the last quarter. 10.80% of the stock is currently owned by insiders.

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.