Amazon.com, Inc. $AMZN Shares Bought by Aberdeen Group plc

Aberdeen Group plc boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,769,216 shares of the e-commerce giant’s stock after buying an additional 255,569 shares during the quarter. Amazon.com accounts for approximately 4.0% of Aberdeen Group plc’s investment portfolio, making the stock its 4th largest position. Aberdeen Group plc owned approximately 0.10% of Amazon.com worth $2,373,643,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Bryant Woods Investment Advisors LLC boosted its stake in Amazon.com by 4.0% during the second quarter. Bryant Woods Investment Advisors LLC now owns 8,993 shares of the e-commerce giant’s stock valued at $1,973,000 after buying an additional 344 shares in the last quarter. Agate Pass Investment Management LLC boosted its stake in Amazon.com by 223.8% during the second quarter. Agate Pass Investment Management LLC now owns 23,653 shares of the e-commerce giant’s stock valued at $5,189,000 after buying an additional 16,348 shares in the last quarter. Davis Rea LTD. boosted its stake in Amazon.com by 4.0% during the second quarter. Davis Rea LTD. now owns 120,775 shares of the e-commerce giant’s stock valued at $26,497,000 after buying an additional 4,690 shares in the last quarter. JFS Wealth Advisors LLC boosted its stake in Amazon.com by 2.5% during the second quarter. JFS Wealth Advisors LLC now owns 21,480 shares of the e-commerce giant’s stock valued at $4,712,000 after buying an additional 515 shares in the last quarter. Finally, First Fiduciary Investment Counsel Inc. bought a new position in Amazon.com during the second quarter valued at about $614,000. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was 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 in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 95,411 shares of company stock worth $21,222,702 in the last three months. 9.70% of the stock is owned by insiders.

Amazon.com Stock Up 9.6%

Shares of Amazon.com stock opened at $244.22 on Friday. The stock has a 50-day moving average price of $225.49 and a 200 day moving average price of $215.83. The company has a market cap of $2.60 trillion, a P/E ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $250.50.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same period in the prior year, the firm posted $1.43 EPS. The business’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, October 20th. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a report on Friday. Telsey Advisory Group upped their target price on Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a report on Friday. Finally, JMP Securities set a $300.00 target price on Amazon.com in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $289.88.

Amazon.com Company 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.