Villere ST Denis J & Co. LLC Buys 1,965 Shares of Amazon.com, Inc. $AMZN

Villere ST Denis J & Co. LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 177,689 shares of the e-commerce giant’s stock after purchasing an additional 1,965 shares during the quarter. Amazon.com makes up 3.7% of Villere ST Denis J & Co. LLC’s portfolio, making the stock its 4th biggest holding. Villere ST Denis J & Co. LLC’s holdings in Amazon.com were worth $38,983,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter worth about $40,000. Maryland Capital Advisors Inc. boosted its position in shares of Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter worth about $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AMZN. Arete boosted their price target on Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Wedbush boosted their price target on Amazon.com from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research note on Monday, October 20th. Finally, Oppenheimer boosted their price target on Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus price target of $289.88.

Amazon.com Stock Up 9.6%

AMZN opened at $244.22 on Friday. The stock’s 50 day moving average price is $225.49 and its 200 day moving average price is $215.83. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock 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. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $250.50.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In other news, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. This trade represents a 85.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $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 sold a total of 95,411 shares of company stock worth $21,222,702 in the last quarter. 9.70% of the stock is currently owned by corporate insiders.

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.