First Horizon Advisors Inc. Has $36.22 Million Stock Holdings in Amazon.com, Inc. $AMZN

First Horizon Advisors Inc. raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,096 shares of the e-commerce giant’s stock after purchasing an additional 429 shares during the quarter. Amazon.com accounts for 0.9% of First Horizon Advisors Inc.’s portfolio, making the stock its 24th largest holding. First Horizon Advisors Inc.’s holdings in Amazon.com were worth $36,221,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC grew its position 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 acquiring an additional 132,616,953 shares during the period. Nuveen LLC acquired a new stake in shares of Amazon.com in the 1st quarter valued at $11,674,091,000. Goldman Sachs Group Inc. boosted its stake in shares of Amazon.com by 21.3% in 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 in the last quarter. Vanguard Group Inc. grew its holdings in shares of 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 last quarter. Finally, Amundi increased its position in shares of Amazon.com by 15.1% during the 1st 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 in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 0.3%

NASDAQ AMZN opened at $233.88 on Tuesday. The stock has a market capitalization of $2.50 trillion, a P/E ratio of 35.65, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a fifty day moving average of $227.65 and a 200-day moving average of $223.35.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business 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 firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have commented on AMZN. Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 31st. BNP Paribas assumed coverage on shares of Amazon.com in a report on Monday, November 24th. They set an “outperform” rating for the company. JPMorgan Chase & Co. boosted their target price on Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft increased their price target on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $296.05.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $216.94, for a total value of $4,311,031.68. Following the transaction, the chief executive officer owned 2,208,310 shares of the company’s stock, valued at approximately $479,070,771.40. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 22,000 shares of the business’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 transaction of $5,500,660.00. Following the sale, the chief executive officer directly owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. This trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 79,734 shares of company stock worth $18,493,717. 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.