Amazon.com, Inc. $AMZN Stock Position Increased by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 382,809 shares of the e-commerce giant’s stock after purchasing an additional 6,431 shares during the quarter. Amazon.com accounts for about 4.3% of AG2R LA Mondiale Gestion D Actifs’ holdings, making the stock its 4th largest holding. AG2R LA Mondiale Gestion D Actifs’ holdings in Amazon.com were worth $83,984,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Wilson Asset Management International PTY Ltd. acquired a new position in Amazon.com in the 2nd quarter valued at about $11,102,000. ARK Investment Management LLC increased its holdings in shares of Amazon.com by 8.3% during the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after buying an additional 86,978 shares during the last quarter. Flaharty Asset Management LLC raised its position in shares of Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at approximately $514,000. Finally, Border to Coast Pensions Partnership Ltd grew its position in Amazon.com by 6.0% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after acquiring an additional 63,924 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $233.00, for a total value of $209,700.00. Following the completion of the transaction, the director owned 7,170 shares in the company, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This represents a 85.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,984 shares of company stock worth $29,617,023 over the last ninety days. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on AMZN shares. Deutsche Bank Aktiengesellschaft lifted their target price on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Stifel Nicolaus boosted their price objective on shares of Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a report on Friday, October 31st. CICC Research increased their target price on shares of Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 5th. Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, UBS Group set a $310.00 price objective on shares of Amazon.com in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $294.70.

Amazon.com Stock Performance

Shares of AMZN stock opened at $222.55 on Wednesday. The firm has a 50 day moving average of $228.33 and a two-hundred day moving average of $221.51. The stock has a market capitalization of $2.38 trillion, a PE ratio of 33.93, a P/E/G ratio of 1.52 and a beta of 1.29. 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 52 week low of $161.38 and a 52 week 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business 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 company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.