West Branch Capital LLC Has $19.73 Million Position in Amazon.com, Inc. $AMZN

West Branch Capital LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 89,922 shares of the e-commerce giant’s stock after buying an additional 2,714 shares during the period. Amazon.com accounts for about 5.8% of West Branch Capital LLC’s portfolio, making the stock its 4th largest holding. West Branch Capital LLC’s holdings in Amazon.com were worth $19,728,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its stake 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 in the last quarter. Nuveen LLC acquired a new stake in Amazon.com in the 1st quarter worth about $11,674,091,000. Goldman Sachs Group Inc. raised its stake in Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. raised its stake in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. Finally, Amundi raised its stake in Amazon.com by 15.1% in the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after purchasing an additional 7,267,277 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In related news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,040,098 shares of company stock valued at $3,204,129,405 over the last 90 days. Insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Evercore ISI reiterated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Rosenblatt Securities boosted their target price on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, UBS Group restated a “buy” rating and issued a $271.00 target price (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $266.26.

Amazon.com Trading Up 1.1%

NASDAQ:AMZN opened at $227.74 on Friday. The firm’s fifty day moving average is $225.90 and its 200-day moving average is $211.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market cap of $2.43 trillion, a P/E ratio of 34.72, a P/E/G ratio of 1.51 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.