River Street Advisors LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 9.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,299 shares of the e-commerce giant’s stock after acquiring an additional 1,186 shares during the period. Amazon.com makes up 1.4% of River Street Advisors LLC’s portfolio, making the stock its 18th largest holding. River Street Advisors LLC’s holdings in Amazon.com were worth $3,137,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of AMZN. Carderock Capital Management Inc. bought a new position in Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the first quarter worth $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the first quarter worth $40,000. Maryland Capital Advisors Inc. lifted its position in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the period. Finally, Capitol Family Office Inc. bought a new position in Amazon.com in the first quarter worth $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Activity at Amazon.com
In other news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. 9.70% of the stock is owned by company insiders.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates 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%.The company’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Barclays lifted their price objective on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. 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 report on Friday, August 1st. Citizens Jmp assumed coverage on Amazon.com in a report on Thursday, July 10th. They set a “strong-buy” rating for the company. Wolfe Research lifted their price objective on Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Finally, Royal Bank Of Canada lifted their price objective on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $266.26.
Get Our Latest Stock Report on AMZN
About Amazon.com
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
- Five stocks we like better than Amazon.com
- What Are Dividend Challengers?
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- What is the Nasdaq? Complete Overview with History
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- What Are the U.K. Market Holidays? How to Invest and Trade
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.