AG2R LA Mondiale Gestion D Actifs Purchases Shares of 376,378 Amazon.com, Inc. $AMZN

AG2R LA Mondiale Gestion D Actifs purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 376,378 shares of the e-commerce giant's stock, valued at approximately $77,161,000. Amazon.com accounts for about 4.4% of AG2R LA Mondiale Gestion D Actifs' investment portfolio, making the stock its 4th largest position.

Other hedge funds have also recently bought and sold shares of the company. Bare Financial Services Inc increased its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after purchasing an additional 48 shares during the last quarter. Talisman Wealth Advisors LLC increased its position in shares of Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after purchasing an additional 53 shares during the last quarter. SWAN Capital LLC increased its position in shares of Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after purchasing an additional 55 shares during the last quarter. Hamel Associates Inc. increased its position in shares of Amazon.com by 1.4% during the 1st 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 during the last quarter. Finally, Clifford Group LLC increased its position in shares of Amazon.com by 0.4% during the 1st quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant's stock valued at $2,589,000 after purchasing an additional 55 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMZN. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Monness Crespi & Hardt raised their target price on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Needham & Company LLC reiterated a "buy" rating and set a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Truist Financial increased their price target on Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Finally, Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Up 1.4%

Shares of NASDAQ AMZN opened at $231.43 on Tuesday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The business has a 50-day simple moving average of $227.03 and a two-hundred day simple moving average of $208.71. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.47 trillion, a P/E ratio of 35.28, a P/E/G ratio of 1.53 and a beta of 1.31.

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

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Company insiders own 10.80% 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.

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