Amazon.com, Inc. $AMZN Shares Bought by SLT Holdings LLC

SLT Holdings LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,602 shares of the e-commerce giant’s stock after acquiring an additional 1,451 shares during the period. Amazon.com comprises about 3.0% of SLT Holdings LLC’s portfolio, making the stock its 8th largest holding. SLT Holdings LLC’s holdings in Amazon.com were worth $3,862,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of AMZN. Western Wealth Management LLC increased its holdings in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after purchasing an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC increased its holdings in Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after purchasing an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com in the 1st quarter worth about $514,000. Border to Coast Pensions Partnership Ltd increased its holdings in Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after purchasing an additional 63,924 shares in the last quarter. Finally, Abel Hall LLC increased its holdings in Amazon.com by 7.3% in the 2nd quarter. Abel Hall LLC now owns 12,740 shares of the e-commerce giant’s stock worth $2,795,000 after purchasing an additional 863 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMZN. Telsey Advisory Group raised their price target on shares of Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday. Canaccord Genuity Group set a $300.00 price target on Amazon.com and gave the company a “buy” rating in a research note on Friday. Citigroup increased their price target on Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a research note on Friday. Roth Capital increased their price target on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Finally, JMP Securities set a $300.00 price target on Amazon.com in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $289.88.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $244.22 on Friday. The business’s fifty day simple moving average is $225.49 and its 200 day simple moving average is $215.83. 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 12 month low of $161.38 and a 12 month high of $250.50. The firm has a market capitalization of $2.60 trillion, a P/E ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28.

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

Insider Activity at Amazon.com

In other Amazon.com news, 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 transaction 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. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% 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 valued at $21,222,702 in the last 90 days. 9.70% of the stock is currently owned by company insiders.

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.