BSN CAPITAL PARTNERS Ltd Sells 992,997 Shares of Amazon.com, Inc. $AMZN

BSN CAPITAL PARTNERS Ltd lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 35.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,830,000 shares of the e-commerce giant’s stock after selling 992,997 shares during the period. Amazon.com makes up 29.8% of BSN CAPITAL PARTNERS Ltd’s portfolio, making the stock its biggest position. BSN CAPITAL PARTNERS Ltd’s holdings in Amazon.com were worth $383,826,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AMZN. Brighton Jones LLC grew its stake in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG grew its position in Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE grew its position in Amazon.com by 5.5% during the fourth 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 in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com during the fourth quarter valued at approximately $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday. Oppenheimer lifted their target price on shares of Amazon.com from $245.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday. Westpark Capital reiterated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Bank of America boosted their price objective on shares of Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Weiss Ratings cut shares of Amazon.com from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average price target of $289.88.

Get Our Latest Report on Amazon.com

Insiders Place Their Bets

In related news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was 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 directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. The trade was a 2.22% 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 worth $21,222,702 over the last 90 days. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Up 9.6%

Shares of NASDAQ AMZN opened at $244.22 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.02 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 company has a market cap of $2.60 trillion, a price-to-earnings ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. The firm’s 50-day simple moving average is $225.49 and its 200 day simple moving average is $216.37.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating 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 business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same period last year, the company posted $1.43 EPS. Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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