Amazon.com, Inc. $AMZN Position Boosted by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 295,750 shares of the e-commerce giant’s stock after purchasing an additional 20,081 shares during the quarter. Amazon.com accounts for 3.3% of Cobblestone Capital Advisors LLC NY’s portfolio, making the stock its 6th largest position. Cobblestone Capital Advisors LLC NY’s holdings in Amazon.com were worth $64,885,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Kingstone Capital Partners Texas LLC boosted its stake in shares of Amazon.com by 542,733.6% during the 2nd 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. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter worth $11,674,091,000. Goldman Sachs Group Inc. raised its holdings in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. boosted its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares during the last quarter. Finally, Amundi grew its stake in Amazon.com by 15.1% in the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after purchasing an additional 7,267,277 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $217.14 on Friday. The firm has a market capitalization of $2.32 trillion, a PE ratio of 33.10, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. 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’s fifty day simple moving average is $227.92 and its 200 day simple moving average is $221.48.

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, topping analysts’ consensus estimates of $1.57 by $0.38. The firm had revenue of $180.17 billion during 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 business’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at $20,009,900.90. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction that occurred 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 completion of the transaction, the director directly owned 7,170 shares in the company, valued at approximately $1,670,610. This represents a 11.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 43,357 shares of company stock worth $10,607,215 in the last 90 days. 10.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AMZN shares. Benchmark raised their price target on Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. raised their price objective on shares of Amazon.com from $265.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. CICC Research boosted their target price on shares of Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. TD Cowen increased their price target on shares of Amazon.com from $255.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $250.00 price objective on shares of Amazon.com in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $294.70.

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.