Amazon.com, Inc. $AMZN Shares Purchased by Cohen Investment Advisors LLC

Cohen Investment Advisors LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,908 shares of the e-commerce giant’s stock after purchasing an additional 849 shares during the quarter. Amazon.com makes up 4.0% of Cohen Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Cohen Investment Advisors LLC’s holdings in Amazon.com were worth $7,658,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in AMZN. Brighton Jones LLC lifted its position in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after acquiring an additional 397,007 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its holdings in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the 4th quarter valued at approximately $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AMZN. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. CIBC raised their price target on Amazon.com to $315.00 in a report on Monday, October 20th. HSBC raised their price target on Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, September 29th. Royal Bank Of Canada raised their price objective on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Finally, Stifel Nicolaus raised their price objective on Amazon.com from $260.00 to $269.00 and gave the company a “buy” rating in a research note on Friday. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $268.38.

Check Out Our Latest Stock Analysis on Amazon.com

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on 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 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 97,911 shares of company stock valued at $21,765,202. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

Amazon.com stock opened at $226.97 on Tuesday. The company has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 34.60, a PEG ratio of 1.48 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. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock has a fifty day moving average of $225.01 and a two-hundred day moving average of $214.69.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during 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%.The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Company Profile

(Free Report)

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

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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