Amazon.com, Inc. $AMZN Position Increased by Jackson Square Capital LLC

Key Points

• Jackson Square Capital LLC increased its position in Amazon.com, Inc. by 26.2%, acquiring an additional 17,115 shares, making Amazon 4.0% of their total holdings valued at approximately $18.11 million.
• Amazon reported earnings per share (EPS) of $1.68 for the last quarter, surpassing analysts’ estimates of $1.31, and achieving a revenue of $167.70 billion compared to expected $161.80 billion.
• Analysts maintain a favorable outlook on Amazon, with an average price target of $263.30 and a majority rating of Buy from investment analysts.

Jackson Square Capital LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 26.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,560 shares of the e-commerce giant's stock after acquiring an additional 17,115 shares during the period. Amazon.com comprises 4.0% of Jackson Square Capital LLC's holdings, making the stock its 4th biggest position. Jackson Square Capital LLC's holdings in Amazon.com were worth $18,113,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AMZN. Nuveen LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at $11,674,091,000. GAMMA Investing LLC boosted its holdings in shares of Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Amazon.com in the 4th quarter valued at $2,037,963,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $220.71 on Wednesday. The firm has a 50-day simple moving average of $227.74 and a 200-day simple moving average of $209.76. The stock has a market capitalization of $2.35 trillion, a price-to-earnings ratio of 33.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.30. 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, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during 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 quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.26 earnings per share. 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 fiscal year.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent analyst reports. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Wells Fargo & Company increased their price target on shares of Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 29th. Cowen reissued a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, Moffett Nathanson increased their price target on shares of Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com currently has an average rating of "Buy" and an average price target of $263.30.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction 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 approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the transaction, the chief executive officer directly owned 518,007 shares of the company's stock, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. Insiders own 10.80% of the company's stock.

Amazon.com 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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