Bessemer Group Inc. Has $2.29 Billion Position in Amazon.com, Inc. $AMZN

Bessemer Group Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,430,533 shares of the e-commerce giant’s stock after selling 246,234 shares during the period. Amazon.com comprises 3.7% of Bessemer Group Inc.’s holdings, making the stock its 4th largest holding. Bessemer Group Inc. owned 0.10% of Amazon.com worth $2,288,355,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Koss Olinger Consulting LLC grew its position in Amazon.com by 8.3% in the second quarter. Koss Olinger Consulting LLC now owns 28,026 shares of the e-commerce giant’s stock valued at $6,149,000 after acquiring an additional 2,136 shares during the last quarter. Schmidt P J Investment Management Inc. lifted its holdings in Amazon.com by 2.3% in the second quarter. Schmidt P J Investment Management Inc. now owns 77,278 shares of the e-commerce giant’s stock valued at $16,954,000 after buying an additional 1,715 shares during the period. Brookwood Investment Group LLC boosted its position in shares of Amazon.com by 3.5% during the 2nd quarter. Brookwood Investment Group LLC now owns 84,971 shares of the e-commerce giant’s stock valued at $18,642,000 after purchasing an additional 2,889 shares in the last quarter. CCLA Investment Management boosted its position in shares of Amazon.com by 2.0% during the 2nd quarter. CCLA Investment Management now owns 1,105,968 shares of the e-commerce giant’s stock valued at $242,605,000 after purchasing an additional 21,557 shares in the last quarter. Finally, Yukon Wealth Management Inc. grew its stake in Amazon.com by 0.6% during the second quarter. Yukon Wealth Management Inc. now owns 27,186 shares of the e-commerce giant’s stock worth $5,964,000 after purchasing an additional 170 shares during the period. 72.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the transaction, the chief executive officer owned 493,507 shares of the company’s stock, valued at $123,391,555.21. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, 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 have sold a total of 43,357 shares of company stock valued at $10,607,215 in the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AMZN shares. Westpark Capital restated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. 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. Susquehanna set a $300.00 price target on shares of Amazon.com and gave the company a “positive” rating in a research note on Friday, October 31st. Cantor Fitzgerald increased their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, DZ Bank reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $294.70.

Amazon.com Price Performance

AMZN opened at $217.14 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market capitalization of $2.32 trillion, a price-to-earnings ratio of 33.10, a P/E/G ratio of 1.52 and a beta of 1.29. The firm’s fifty day moving average price is $227.92 and its two-hundred day moving average price is $221.48.

Amazon.com (NASDAQ:AMZN) last announced its earnings results 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 net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the prior year, the company posted $1.43 earnings per share. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

About Amazon.com

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.