BNP Paribas Exane started coverage on shares of Amazon.com (NASDAQ:AMZN) in a research note published on Monday, Marketbeat.com reports. The brokerage issued an outperform rating on the e-commerce giant’s stock.
A number of other equities research analysts have also recently commented on AMZN. Westpark Capital reissued a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Morgan Stanley reissued an “overweight” rating and issued a $315.00 price target (up from $300.00) on shares of Amazon.com in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a 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, Mizuho lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $294.70.
Get Our Latest Stock Report on AMZN
Amazon.com Trading Up 2.5%
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (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 company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the previous year, the business earned $1.43 EPS. Amazon.com’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com will post 6.31 earnings per share for the current year.
Insider Transactions at Amazon.com
In related news, Director Jonathan Rubinstein sold 8,173 shares of the company’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 in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was 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 represents a 11.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 44,594 shares of company stock worth $10,887,531. 9.70% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Barlow Wealth Partners Inc. grew its holdings in shares of Amazon.com by 0.4% during the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after purchasing an additional 44 shares during the last quarter. Ridgecrest Wealth Partners LLC raised its stake in shares of Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after acquiring an additional 45 shares during the last quarter. Probity Advisors Inc. lifted its holdings in shares of Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after purchasing an additional 45 shares during the period. Union Savings Bank lifted its holdings in shares of Amazon.com by 0.4% during the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock worth $2,510,000 after purchasing an additional 45 shares during the period. Finally, Doheny Asset Management CA grew its stake in shares of Amazon.com by 0.3% in the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant’s stock worth $3,910,000 after purchasing an additional 45 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
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.
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