Amazon.com, Inc. (NASDAQ:AMZN) Given Average Rating of "Buy" by Analysts

Key Points

• Amazon.com, Inc. has received an average rating of "Buy" from analysts, with 47 out of 51 ratings firms recommending a buy or strong buy, and a 12-month price target averaging $266.26.
• Recent insider transactions include VP Shelley Reynolds selling 2,715 shares and CFO Brian T. Olsavsky selling 17,750 shares, both occurring on August 21st, reflecting significant decreases in their stock holdings.
• Institutional ownership stands at 72.20%, with notable activity including Kingstone Capital Partners acquiring over 132 million shares during the second quarter, significantly increasing their stake in the company.

Amazon.com, Inc. (NASDAQ:AMZN) has earned an average rating of "Buy" from the fifty-one ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, forty-seven have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $266.2553.

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Pivotal Research increased their price target on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 1st. Wells Fargo & Company upgraded Amazon.com from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $245.00 to $280.00 in a report on Wednesday, September 24th. Bank of America raised their target price on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,040,098 shares of company stock valued at $3,204,129,405 in the last quarter. Insiders own 9.70% of the company's stock.

Institutional Trading of Amazon.com

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC grew its position in 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 buying an additional 132,616,953 shares in the last quarter. Norges Bank acquired a new stake in shares of Amazon.com during the 2nd quarter worth approximately $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $11,674,091,000. Vanguard Group Inc. grew its holdings in shares of Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock worth $2,671,634,000 after purchasing an additional 12,122,668 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Shares of AMZN opened at $227.74 on Friday. The company's fifty day moving average is $225.90 and its 200-day moving average is $211.75. Amazon.com has a 12 month low of $161.38 and a 12 month high of $242.52. The firm has a market cap of $2.43 trillion, a price-to-earnings ratio of 34.72, a price-to-earnings-growth ratio of 1.51 and a beta of 1.28. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts expect that Amazon.com will post 6.31 EPS for the current fiscal year.

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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