IFG Advisors LLC Raises Stake in Amazon.com, Inc. $AMZN

IFG Advisors LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 18.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,333 shares of the e-commerce giant’s stock after buying an additional 1,776 shares during the quarter. Amazon.com accounts for approximately 0.4% of IFG Advisors LLC’s portfolio, making the stock its 28th largest holding. IFG Advisors LLC’s holdings in Amazon.com were worth $2,486,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its holdings in Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares during the period. Northern Trust Corp increased its holdings in Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after purchasing an additional 302,858 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Amazon.com by 1.0% in 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 acquiring an additional 605,415 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on AMZN. Mizuho set a $315.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday. Canaccord Genuity Group set a $300.00 price objective on Amazon.com and gave the stock a “buy” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Cantor Fitzgerald increased their target price on shares of Amazon.com from $280.00 to $315.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Finally, Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $293.17.

Amazon.com Trading Up 0.4%

Amazon.com stock opened at $250.20 on Thursday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The firm has a market capitalization of $2.67 trillion, a price-to-earnings ratio of 38.14, a P/E/G ratio of 1.52 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a 50 day moving average price of $226.85 and a 200 day moving average price of $217.72.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 128,084 shares of company stock valued at $29,405,457. 9.70% of the stock is currently owned by company insiders.

Amazon.com 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.