Deseret Mutual Benefit Administrators Lowers Stock Holdings in Amazon.com, Inc. $AMZN

Deseret Mutual Benefit Administrators reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,144 shares of the e-commerce giant’s stock after selling 286 shares during the quarter. Deseret Mutual Benefit Administrators’ holdings in Amazon.com were worth $1,129,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its stake in shares of Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at $11,674,091,000. Goldman Sachs Group Inc. grew its holdings in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the last quarter. Vanguard Group Inc. raised its position in Amazon.com by 1.1% in the 1st 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. Finally, Amundi lifted 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 worth $9,884,098,000 after purchasing an additional 7,267,277 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 1.6%

Shares of Amazon.com stock opened at $220.69 on Monday. The company’s fifty day simple moving average is $227.77 and its two-hundred day simple moving average is $222.21. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month 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 company has a market cap of $2.36 trillion, a P/E ratio of 33.64, a PEG ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of recent research reports. Raymond James Financial raised their price objective on Amazon.com from $230.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. The Goldman Sachs Group raised their price target on Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Royal Bank Of Canada reiterated an “outperform” rating on shares of Amazon.com in a research report on Friday, October 31st. Cantor Fitzgerald raised their target price on shares of Amazon.com from $280.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Finally, KeyCorp lifted their target price on shares of Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.70.

Insiders Place Their Bets

In other Amazon.com news, 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 completion of the transaction, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 22,000 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $5,500,660.00. Following the transaction, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at $123,391,555.21. This represents a 4.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 43,357 shares of company stock worth $10,607,215. Company insiders own 9.70% of the company’s stock.

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.