J. Safra Sarasin Holding AG decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 733,996 shares of the e-commerce giant’s stock after selling 95,301 shares during the period. Amazon.com makes up approximately 2.8% of J. Safra Sarasin Holding AG’s holdings, making the stock its 3rd largest holding. J. Safra Sarasin Holding AG’s holdings in Amazon.com were worth $161,144,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com during the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the 1st quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. boosted its position in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Thursday, September 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. BMO Capital Markets lifted their price objective on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $266.26.
Amazon.com Price Performance
Shares of NASDAQ AMZN opened at $213.04 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The firm has a market cap of $2.27 trillion, a P/E ratio of 32.48, a PEG ratio of 1.41 and a beta of 1.28. The company has a 50 day moving average of $225.66 and a 200 day moving average of $212.64. 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:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the business earned $1.26 EPS. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Insider Buying and Selling
In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the sale, the insider owned 890,273,469 shares of the company’s stock, 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 10,864,716 shares of company stock worth $2,486,013,854 over the last 90 days. 9.70% of the stock is currently owned by company 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.
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