Amazon.com, Inc. $AMZN is KG&L Capital Management LLC's 5th Largest Position

Key Points

• KG&L Capital Management LLC has increased its stake in Amazon.com by 7.2%, making the company its 5th largest holding, valued at approximately $13.28 million.
• Amazon's recent quarterly earnings revealed an EPS of $1.68, exceeding analysts' expectations, with revenues reaching $167.70 billion, up 13.3% year-over-year.
• Several institutional investors, including Goldman Sachs and Vanguard Group, have significantly increased their positions in Amazon, with a total of 72.20% of the company's shares owned by institutional investors.

KG&L Capital Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,544 shares of the e-commerce giant's stock after buying an additional 4,076 shares during the quarter. Amazon.com makes up 3.9% of KG&L Capital Management LLC's portfolio, making the stock its 5th biggest holding. KG&L Capital Management LLC's holdings in Amazon.com were worth $13,282,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its position in shares of 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 purchasing an additional 132,616,953 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter worth about $11,674,091,000. Goldman Sachs Group Inc. grew its position in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Amazon.com by 1.1% during the first 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 in the last quarter. Finally, Amundi grew its position in shares of Amazon.com by 15.1% during the first 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. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $216.37 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market capitalization of $2.31 trillion, a price-to-earnings ratio of 32.98, a PEG ratio of 1.51 and a beta of 1.28. The business has a 50 day simple moving average of $225.94 and a 200-day simple moving average of $211.82.

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, 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 firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company earned $1.26 EPS. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research analyst reports. HSBC increased their target price on Amazon.com from $256.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday, September 29th. Needham & Company LLC reiterated a "buy" rating and set a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Barclays increased their target price on Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Cantor Fitzgerald raised their price target on Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. Three 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 company's stock. According to MarketBeat, Amazon.com currently has an average rating of "Buy" and an average target price of $266.26.

Insider Activity

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares of the company's stock, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction that occurred on 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 sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,040,098 shares of company stock worth $3,204,129,405 in the last three months. Corporate insiders own 9.70% of the company's stock.

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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