Rothschild & Co Redburn reiterated their neutral rating on shares of Amazon.com (NASDAQ:AMZN) in a report issued on Tuesday, MarketBeat.com reports. Rothschild & Co Redburn currently has a $250.00 target price on the e-commerce giant’s stock.
AMZN has been the topic of several other reports. Susquehanna set a $300.00 price objective on Amazon.com and gave the stock a “positive” rating in a report on Friday, October 31st. Roth Capital raised their target price on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, October 31st. HSBC boosted their price target on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Robert W. Baird set a $285.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.70.
Get Our Latest Stock Analysis on Amazon.com
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results 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 analyst estimates of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts forecast that Amazon.com will post 6.31 earnings per share for the current fiscal year.
Insider Activity at Amazon.com
In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of Amazon.com stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the sale, the director owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $233.00, for a total value of $209,700.00. Following the transaction, the director owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 128,984 shares of company stock valued at $29,617,023 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Amazon.com in the second quarter valued at approximately $11,102,000. ARK Investment Management LLC lifted its holdings in Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after acquiring an additional 86,978 shares during the period. Flaharty Asset Management LLC boosted 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 worth $968,000 after purchasing an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth $514,000. Finally, Border to Coast Pensions Partnership Ltd grew its stake in shares of Amazon.com by 6.0% during the 2nd 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 purchasing an additional 63,924 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.
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.
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