Amazon.com, Inc. $AMZN is Ferguson Wellman Capital Management Inc.'s 8th Largest Position

Key Points

• Ferguson Wellman Capital Management Inc. increased its holdings in Amazon.com by 3.1% in Q2, making it the firm's 8th largest position with shares valued at approximately $138 million.
• Insider Jeffrey P. Bezos sold over 4 million shares of Amazon stock, resulting in a 0.47% decrease in his ownership, with the transaction valued at nearly $961 million.
• Recent analyst ratings for Amazon reflect a positive outlook, with many adjusting price targets upward, resulting in an average price target of $264.04 and an overall rating of "Buy" from most analysts.

Ferguson Wellman Capital Management Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 629,035 shares of the e-commerce giant's stock after purchasing an additional 18,706 shares during the quarter. Amazon.com makes up about 2.4% of Ferguson Wellman Capital Management Inc.'s portfolio, making the stock its 8th biggest holding. Ferguson Wellman Capital Management Inc.'s holdings in Amazon.com were worth $138,004,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AMZN. Bare Financial Services Inc increased its holdings in Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock worth $177,000 after acquiring an additional 48 shares in the last quarter. Vista Investment Partners LLC increased its holdings in Amazon.com by 0.9% in the 2nd quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant's stock worth $1,285,000 after acquiring an additional 52 shares in the last quarter. Talisman Wealth Advisors LLC increased its holdings in Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after acquiring an additional 53 shares in the last quarter. Stonekeep Investments LLC increased its holdings in Amazon.com by 0.4% in the 2nd quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant's stock worth $3,030,000 after acquiring an additional 54 shares in the last quarter. Finally, SWAN Capital LLC increased its holdings in Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after acquiring an additional 55 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 21,997,911 shares of company stock valued at $4,989,630,574 over the last 90 days. Corporate insiders own 9.70% of the company's stock.

Amazon.com Trading Down 0.9%

Shares of AMZN stock opened at $218.15 on Friday. The company's 50-day moving average price is $227.57 and its 200-day moving average price is $210.00. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.33 trillion, a price-to-earnings ratio of 33.25, a PEG ratio of 1.47 and a beta of 1.30. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

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

Wall Street Analyst Weigh In

AMZN has been the subject of several recent analyst reports. JMP Securities reissued a "market outperform" rating and issued a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Stifel Nicolaus boosted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $264.04.

Amazon.com Company Profile

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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