ORG Partners LLC Boosts Stake in Amazon.com, Inc. $AMZN

ORG Partners LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 4.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,697 shares of the e-commerce giant’s stock after buying an additional 1,212 shares during the quarter. Amazon.com comprises about 1.3% of ORG Partners LLC’s holdings, making the stock its 13th largest position. ORG Partners LLC’s holdings in Amazon.com were worth $6,324,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Ridgecrest Wealth Partners LLC increased its position in Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after buying an additional 45 shares in the last quarter. Bare Financial Services Inc increased its position 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 in the last quarter. Heritage Oak Wealth Advisors LLC increased its holdings in shares of Amazon.com by 1.2% in the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after purchasing an additional 48 shares in the last quarter. Cobblestone Asset Management LLC increased its holdings in shares of Amazon.com by 3.1% in the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after purchasing an additional 50 shares in the last quarter. Finally, Seek First Inc. increased its holdings in shares of Amazon.com by 0.5% in the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after purchasing an additional 50 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated 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 directly owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,040,098 shares of company stock valued at $3,204,129,405. Insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $227.74 on Friday. The stock’s 50-day simple moving average is $225.90 and its 200-day simple moving average is $211.75. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.72, a PEG ratio of 1.51 and a beta of 1.28. 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 (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS 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 business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the business earned $1.26 earnings per share. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on AMZN shares. Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a report on Wednesday, September 10th. Monness Crespi & Hardt lifted their target price on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Barclays lifted their target price on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Telsey Advisory Group reissued an “outperform” rating and issued a $265.00 target price on shares of Amazon.com in a report on Wednesday, September 24th. Finally, Mizuho set a $300.00 target price on Amazon.com and gave the stock an “outperform” rating in a report on Monday, September 29th. Three equities research 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. According to MarketBeat, Amazon.com has a consensus rating of “Buy” and an average price target of $266.26.

Check Out Our Latest Analysis on AMZN

Amazon.com Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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