Invictus Private Wealth LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 9.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 137,468 shares of the e-commerce giant’s stock after purchasing an additional 12,388 shares during the period. Amazon.com makes up 2.1% of Invictus Private Wealth LLC’s holdings, making the stock its 15th largest position. Invictus Private Wealth LLC’s holdings in Amazon.com were worth $30,159,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have 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 buying an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after buying an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE raised 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 purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at about $2,153,000. 72.20% of the stock is owned by institutional investors.
Insider Buying and Selling at Amazon.com
In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on 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 sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,411 shares of company stock worth $21,222,702 in the last three months. Company insiders own 9.70% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same quarter in the prior year, the business 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. Equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages have recently issued reports on AMZN. Robert W. Baird set a $285.00 target price on shares of Amazon.com and gave the company an “outperform” rating in a report on Friday. Westpark Capital reaffirmed a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Wolfe Research upped their target price on shares of Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Raymond James Financial upped their target price on shares of Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a report on Friday. Finally, Cowen reissued a “buy” rating on shares of Amazon.com 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 assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $289.88.
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.
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