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34,605 Shares in Amazon.com, Inc. $AMZN Purchased by Pandora Wealth Inc.

Amazon.com logo with Retail/Wholesale background

Pandora Wealth Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 34,605 shares of the e-commerce giant's stock, valued at approximately $6,584,000. Amazon.com accounts for approximately 4.3% of Pandora Wealth Inc.'s holdings, making the stock its 6th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Talisman Wealth Advisors LLC grew its stake in Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after acquiring an additional 53 shares during the period. SWAN Capital LLC grew its stake in Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after acquiring an additional 55 shares during the period. Hamel Associates Inc. lifted its holdings in shares of Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after purchasing an additional 55 shares in the last quarter. CWC Advisors LLC. lifted its holdings in shares of Amazon.com by 3.1% in the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after purchasing an additional 56 shares in the last quarter. Finally, JBGlobal.com LLC lifted its holdings in Amazon.com by 2.1% during the first quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant's stock worth $508,000 after acquiring an additional 56 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 10.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on AMZN shares. Monness Crespi & Hardt boosted their target price on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Cowen restated a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Telsey Advisory Group restated an "outperform" rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Royal Bank Of Canada upped their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Finally, DA Davidson upped their price objective on Amazon.com from $230.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $262.87.

Check Out Our Latest Research Report on AMZN

Amazon.com Price Performance

NASDAQ AMZN opened at $235.84 on Tuesday. The business's fifty day moving average price is $226.07 and its 200-day moving average price is $208.03. The stock has a market capitalization of $2.52 trillion, a price-to-earnings ratio of 35.95, a PEG ratio of 1.56 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period last year, the firm earned $1.26 EPS. Amazon.com's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Profile

(Free Report)

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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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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