Bleakley Financial Group LLC Purchases 15,900 Shares of Amazon.com, Inc. $AMZN

Bleakley Financial Group LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 319,543 shares of the e-commerce giant’s stock after acquiring an additional 15,900 shares during the quarter. Amazon.com comprises approximately 1.8% of Bleakley Financial Group LLC’s holdings, making the stock its 10th largest position. Bleakley Financial Group LLC’s holdings in Amazon.com were worth $70,105,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC lifted its position in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after buying an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG raised its stake in shares of Amazon.com by 2.8% in the 4th 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 acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE lifted its holdings in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in Amazon.com during the fourth quarter worth approximately $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 22,000 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the transaction, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated 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 in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 123,300 shares of company stock valued at $28,294,038 over the last 90 days. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Down 1.2%

Shares of AMZN opened at $234.69 on Friday. The stock’s 50-day moving average price is $228.70 and its 200 day moving average price is $220.72. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.51 trillion, a price-to-earnings ratio of 35.78, a P/E/G ratio of 1.52 and a beta of 1.29. 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, topping analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned $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.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. Zacks Research raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. President Capital raised their target price on shares of Amazon.com from $280.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Bank of America boosted 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, October 31st. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Finally, Pivotal Research lifted their price objective on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $294.15.

About Amazon.com

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.