Lbp Am Sa Has $368.23 Million Stake in Amazon.com, Inc. $AMZN

Lbp Am Sa increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,678,403 shares of the e-commerce giant’s stock after buying an additional 75,266 shares during the period. Amazon.com accounts for about 5.2% of Lbp Am Sa’s holdings, making the stock its 3rd largest holding. Lbp Am Sa’s holdings in Amazon.com were worth $368,225,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the 1st quarter worth approximately $40,000. Maryland Capital Advisors Inc. grew its stake in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the last quarter. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the 1st quarter worth approximately $42,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $215.57 on Thursday. The company has a market capitalization of $2.30 trillion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 1.43 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 business’s fifty day moving average is $226.02 and its 200 day moving average is $212.21. 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, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AMZN. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. Pivotal Research increased their target price on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Bank of America increased their target price on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their target price on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Finally, Truist Financial increased their target price on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $266.26.

Insider Activity at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,864,716 shares of company stock valued at $2,486,013,854 in the last ninety days. Corporate insiders own 9.70% of the company’s stock.

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.