Amazon.com, Inc. $AMZN Position Increased by Banco Santander S.A.

Banco Santander S.A. grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,164,777 shares of the e-commerce giant’s stock after acquiring an additional 93,245 shares during the quarter. Amazon.com comprises 2.4% of Banco Santander S.A.’s investment portfolio, making the stock its 6th largest position. Banco Santander S.A.’s holdings in Amazon.com were worth $255,540,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wilson Asset Management International PTY Ltd. bought a new stake in Amazon.com during the second quarter worth about $11,102,000. ARK Investment Management LLC boosted its stake 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 worth $250,213,000 after buying an additional 86,978 shares in the last quarter. Flaharty Asset Management LLC boosted its stake in Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after buying an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com during the first quarter valued at approximately $514,000. Finally, Border to Coast Pensions Partnership Ltd raised its stake in shares of Amazon.com by 6.0% during 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 in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, Director Keith Brian Alexander sold 900 shares of the company’s stock in a transaction on Monday, November 17th. The shares were 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,357 shares of company stock worth $10,607,215 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AMZN shares. Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the company a “positive” rating in a research note on Friday, October 31st. Wedbush reiterated an “outperform” rating and issued a $340.00 target price on shares of Amazon.com in a research report on Monday, November 3rd. DA Davidson upped their price target on shares of Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Pivotal Research raised their price objective on Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Citigroup boosted their target price on Amazon.com from $270.00 to $320.00 and gave the company 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-six have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $294.70.

Read Our Latest Stock Report on AMZN

Amazon.com Stock Performance

Amazon.com stock opened at $217.14 on Friday. 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 $2.32 trillion, a P/E ratio of 33.10, a P/E/G 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 firm has a 50-day moving average of $227.92 and a 200-day moving average of $221.48.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. During the same quarter in the prior year, the company posted $1.43 EPS. Amazon.com’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Amazon.com Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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