Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,821 shares of the e-commerce giant’s stock after acquiring an additional 1,026 shares during the period. Amazon.com comprises approximately 2.8% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings, making the stock its 3rd largest holding. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Amazon.com were worth $20,364,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. Vanguard Group Inc. lifted its holdings in shares of 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 valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC raised its holdings in Amazon.com by 542,733.6% during the 2nd 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 purchasing an additional 132,616,953 shares during the last quarter. Northern Trust Corp grew its holdings in 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 acquiring an additional 302,858 shares during the period. Nuveen LLC acquired a new stake in Amazon.com during the 1st quarter worth $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Amazon.com by 1.0% during 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 during the last quarter. Institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com
In related news, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction 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 approximately $20,009,900.90. This represents a 9.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the sale, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. The trade was a 0.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,234 shares of company stock worth $19,052,442 in the last three months. 9.70% of the stock is owned by insiders.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Morgan Stanley restated an “overweight” rating and issued a $315.00 price target (up from $300.00) on shares of Amazon.com in a research report on Friday, October 31st. Barclays restated an “overweight” rating and set a $300.00 price objective (up previously from $275.00) on shares of Amazon.com in a report on Friday, October 31st. Canaccord Genuity Group set a $300.00 target price on Amazon.com and gave the stock a “buy” rating in a research note on Friday, October 31st. Rothschild Redb cut Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Finally, Pivotal Research lifted their price target on Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $295.78.
Get Our Latest Analysis on Amazon.com
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.
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