Amazon.com, Inc. $AMZN Shares Acquired by Panoramic Capital Partners LLC

Panoramic Capital Partners LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,979 shares of the e-commerce giant’s stock after purchasing an additional 87 shares during the quarter. Amazon.com comprises about 1.2% of Panoramic Capital Partners LLC’s investment portfolio, making the stock its 11th biggest position. Panoramic Capital Partners LLC’s holdings in Amazon.com were worth $1,783,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE boosted its holdings in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com in the fourth quarter valued at $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Down 0.4%

Shares of Amazon.com stock opened at $215.57 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.30 trillion, a P/E ratio of 32.86, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business has a 50-day moving average price of $226.02 and a 200 day moving average price of $212.21.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was 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 directly owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer 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 disclosure for this sale can be found here. Insiders sold a total of 10,864,716 shares of company stock valued at $2,486,013,854 over the last 90 days. 9.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Amazon.com in a research report on Wednesday, October 8th. Oppenheimer cut their price objective 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. Moffett Nathanson raised their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Finally, Pivotal Research raised their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $266.26.

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.