Vanguard Personalized Indexing Management LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 18.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,307,345 shares of the e-commerce giant’s stock after purchasing an additional 199,297 shares during the period. Amazon.com accounts for about 3.2% of Vanguard Personalized Indexing Management LLC’s portfolio, making the stock its 4th biggest position. Vanguard Personalized Indexing Management LLC’s holdings in Amazon.com were worth $286,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in 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 worth $158,348,557,000 after buying an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC boosted its stake in 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 worth $29,100,194,000 after buying an additional 132,616,953 shares during the period. Northern Trust Corp boosted its stake in Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares during the period. Nuveen LLC purchased a new position in Amazon.com during the first quarter worth $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Amazon.com by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock worth $11,461,952,000 after buying an additional 605,415 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
AMZN has been the subject of several recent analyst reports. Wells Fargo & Company lifted their price objective on shares of Amazon.com from $280.00 to $292.00 and gave the stock an “overweight” rating in a research note on Friday. Roth Capital lifted their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday. DA Davidson lifted their price objective on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday. Scotiabank lifted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Finally, Pivotal Research boosted their target price on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $289.88.
Insider Activity at Amazon.com
In other news, 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 sale, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. The trade was a 85.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 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
Shares of AMZN opened at $244.22 on Monday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $250.50. The stock has a fifty day moving average price of $225.49 and a 200-day moving average price of $216.37. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.60 trillion, a PE ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data 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. 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 the consensus estimate of $177.53 billion. During the same quarter in the prior year, the company posted $1.43 earnings per share. The company’s revenue for the quarter 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 fiscal year.
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.
Read More
- Five stocks we like better than Amazon.com
- How to Short Nasdaq: An Easy-to-Follow Guide
- Is Lemonade Stock Set for a Big Squeeze After Earnings?
- Retail Stocks Investing, Explained
- Caterpillar Stock Could Top $650 by Year’s End
- Insider Trading – What You Need to Know
- ServiceNow’s 5-for-1 Split Is a Signal for Investors to Buy
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
