Amazon.com, Inc. $AMZN Stock Position Increased by 626 Financial LLC

626 Financial LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,886 shares of the e-commerce giant’s stock after acquiring an additional 48 shares during the quarter. Amazon.com makes up 4.3% of 626 Financial LLC’s holdings, making the stock its 6th largest holding. 626 Financial LLC’s holdings in Amazon.com were worth $8,092,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its position in Amazon.com by 542,733.6% in the 2nd 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 acquiring an additional 132,616,953 shares during the last quarter. Northern Trust Corp grew its position in Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares during the last quarter. Nuveen LLC bought a new position in Amazon.com in the 1st quarter valued at $11,674,091,000. Finally, Charles Schwab Investment Management Inc. grew its position in Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after acquiring an additional 605,415 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 1.4%

Shares of NASDAQ AMZN opened at $224.21 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market capitalization of $2.39 trillion, a P/E 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 business has a fifty day moving average price of $225.10 and a 200 day moving average price of $213.97.

Amazon.com (NASDAQ:AMZN) last issued 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 return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the business posted $1.26 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities 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, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer directly owned 3,138 shares in the company, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the 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 completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 97,911 shares of company stock valued at $21,765,202 in the last 90 days. 9.70% of the stock is owned by insiders.

Analysts Set New Price Targets

AMZN has been the topic of several research analyst reports. KeyCorp initiated coverage on Amazon.com in a research report on Thursday. They issued an “overweight” rating on the stock. The Goldman Sachs Group increased their price target on Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Westpark Capital reissued a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. UBS Group reissued a “buy” rating and set a $271.00 price target on shares of Amazon.com in a research report on Wednesday. Finally, Evercore ISI reissued an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $268.69.

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.