Amazon.com, Inc. $AMZN is Avantra Family Wealth Inc.’s 9th Largest Position

Avantra Family Wealth Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,979 shares of the e-commerce giant’s stock after purchasing an additional 475 shares during the quarter. Amazon.com comprises 2.4% of Avantra Family Wealth Inc.’s portfolio, making the stock its 9th largest position. Avantra Family Wealth Inc.’s holdings in Amazon.com were worth $2,848,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of AMZN. Kingstone Capital Partners Texas LLC grew its holdings in Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after purchasing an additional 132,616,953 shares during the period. Nuveen LLC acquired a new stake in shares of Amazon.com in the first quarter worth $11,674,091,000. Goldman Sachs Group Inc. increased its position in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares in the last quarter. Finally, Amundi increased its position in shares of Amazon.com by 15.1% in the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after acquiring an additional 7,267,277 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Up 1.4%

Shares of NASDAQ:AMZN opened at $224.21 on Friday. The stock has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 1.46 and a beta of 1.28. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company’s fifty day moving average is $225.10 and its two-hundred day moving average is $213.97. 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 (NASDAQ:AMZN) last released 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 business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter last year, the company earned $1.26 EPS. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Robert W. Baird increased their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. HSBC increased their price objective on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Mizuho set a $300.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Monday, September 29th. Westpark Capital restated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Weiss Ratings downgraded shares of Amazon.com from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Four equities 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 stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $268.69.

Insider Transactions at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the 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 completion of the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction dated 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 owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 97,911 shares of company stock worth $21,765,202 over the last ninety days. Insiders own 9.70% of the company’s stock.

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.