Amazon.com, Inc. $AMZN is Davis Rea LTD.’s 3rd Largest Position

Davis Rea LTD. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 120,775 shares of the e-commerce giant’s stock after buying an additional 4,690 shares during the period. Amazon.com accounts for approximately 6.6% of Davis Rea LTD.’s portfolio, making the stock its 3rd largest position. Davis Rea LTD.’s holdings in Amazon.com were worth $26,497,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AMZN. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Amazon.com by 542,733.6% during 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 last quarter. Nuveen LLC purchased a new position in shares of Amazon.com during the first quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. lifted its holdings in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares during the last quarter. Finally, Amundi increased its position in shares of Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $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.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. DZ Bank restated a “buy” rating on shares of Amazon.com in a report on Friday. Bank of America boosted their price objective on shares of Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a report on Friday. UBS Group set a $310.00 price target on Amazon.com in a report on Friday. Royal Bank Of Canada reissued an “outperform” rating on shares of Amazon.com in a report on Friday. Finally, TD Cowen increased their price target on Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average target price of $289.88.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction that occurred on 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 directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 6,835 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the transaction, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 95,411 shares of company stock worth $21,222,702 in the last quarter. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 9.6%

AMZN opened at $244.22 on Friday. The firm has a 50-day simple moving average of $225.49 and a two-hundred day simple moving average of $215.83. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $250.50. The company has a market capitalization of $2.60 trillion, a PE ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. 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) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the prior year, the firm earned $1.43 EPS. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.