Montrusco Bolton Investments Inc. Has $573.57 Million Holdings in Amazon.com, Inc. $AMZN

Montrusco Bolton Investments Inc. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 17.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,674,663 shares of the e-commerce giant’s stock after purchasing an additional 388,384 shares during the period. Amazon.com makes up approximately 6.4% of Montrusco Bolton Investments Inc.’s investment portfolio, making the stock its 3rd biggest holding. Montrusco Bolton Investments Inc.’s holdings in Amazon.com were worth $573,570,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Pegasus Asset Management Inc. raised its holdings in shares of Amazon.com by 3.3% in the second quarter. Pegasus Asset Management Inc. now owns 38,116 shares of the e-commerce giant’s stock worth $8,362,000 after buying an additional 1,204 shares during the period. Welch Group LLC grew its position in Amazon.com by 4.7% in the 2nd quarter. Welch Group LLC now owns 60,924 shares of the e-commerce giant’s stock valued at $13,366,000 after acquiring an additional 2,711 shares during the last quarter. Cypress Capital Group increased its stake in Amazon.com by 4.5% in the second quarter. Cypress Capital Group now owns 72,362 shares of the e-commerce giant’s stock worth $15,876,000 after purchasing an additional 3,092 shares during the period. Stephens Consulting LLC increased its stake in Amazon.com by 8.5% in the second quarter. Stephens Consulting LLC now owns 3,813 shares of the e-commerce giant’s stock worth $837,000 after purchasing an additional 298 shares during the period. Finally, Bill Few Associates Inc. increased its stake in Amazon.com by 3.0% in the second quarter. Bill Few Associates Inc. now owns 9,711 shares of the e-commerce giant’s stock worth $2,130,000 after purchasing an additional 283 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $254.00 on Tuesday. 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 company has a market cap of $2.71 trillion, a PE ratio of 38.72, a PEG ratio of 1.52 and a beta of 1.28. The business’s fifty day simple moving average is $226.02 and its 200-day simple moving average is $216.95. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 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 during the quarter, compared to analyst estimates of $177.53 billion. During the same period last year, the firm posted $1.43 EPS. Amazon.com’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the transaction, the chief executive officer owned 520,507 shares in the company, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 95,411 shares of company stock valued at $21,222,702. 9.70% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on AMZN shares. Needham & Company LLC reissued a “buy” rating and set a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Bank of America raised their target price on shares of Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research report on Friday. Scotiabank increased their price objective on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, Raymond James Financial upped their target price on Amazon.com from $230.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, fifty-one 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 has an average rating of “Buy” and a consensus price target of $291.94.

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.