First Command Advisory Services Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,961 shares of the e-commerce giant’s stock after acquiring an additional 330 shares during the quarter. First Command Advisory Services Inc.’s holdings in Amazon.com were worth $4,379,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of AMZN. Vanguard Group Inc. grew its stake 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 worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC lifted its stake in Amazon.com by 542,733.6% in the second 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. Northern Trust Corp boosted its holdings in shares of Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after acquiring an additional 605,415 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Amazon.com
In related news, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan Rubinstein sold 8,173 shares of the business’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 transaction, the director owned 80,030 shares in the company, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 43,357 shares of company stock worth $10,607,215. Corporate insiders own 10.80% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the company earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Zacks Research raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Barclays reissued an “overweight” rating and set a $300.00 price objective (up previously from $275.00) on shares of Amazon.com in a research report on Friday, October 31st. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Canaccord Genuity Group set a $300.00 price target on Amazon.com and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, UBS Group set a $310.00 price target on Amazon.com in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $294.70.
Read Our Latest Research Report on Amazon.com
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.
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