AlTi Global Inc. Acquires 6,721 Shares of Amazon.com, Inc. $AMZN

AlTi Global Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 91,070 shares of the e-commerce giant’s stock after acquiring an additional 6,721 shares during the quarter. AlTi Global Inc.’s holdings in Amazon.com were worth $20,076,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the first quarter worth approximately $36,000. Maryland Capital Advisors Inc. lifted its stake in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares in the last quarter. Ryan Investment Management Inc. purchased a new position in Amazon.com during the second quarter worth about $48,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Amazon.com during the 1st quarter worth $59,000. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the transaction, the director directly owned 80,030 shares in the company, valued at approximately $20,009,900.90. This represents a 9.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 123,300 shares of company stock worth $28,294,038. 9.70% of the stock is owned by corporate insiders.

Amazon.com Stock Down 1.2%

Amazon.com stock opened at $234.69 on Monday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The stock has a fifty day simple moving average of $228.70 and a two-hundred day simple moving average of $220.98. 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 $2.51 trillion, a price-to-earnings ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last released 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 return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period last year, the firm posted $1.43 earnings per share. Amazon.com’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. DZ Bank reissued a “buy” rating on shares of Amazon.com in a research report on Friday, October 31st. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Evercore ISI boosted their target price on Amazon.com from $280.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Daiwa Capital Markets raised their price objective on Amazon.com from $254.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Finally, CICC Research increased their price target on shares of Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $294.15.

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.