Amazon.com, Inc. $AMZN Shares Acquired by IFM Investors Pty Ltd

Key Points

• IFM Investors Pty Ltd increased its stake in Amazon by 0.4%, owning a total of 1,747,141 shares valued at approximately $332.4 million, making it the fourth largest holding in their portfolio.
• Multiple analysts reaffirmed a "buy" rating for Amazon, with target prices raised, including Moffett Nathanson increasing their price objective to $253, indicating positive growth forecasts for the company.
• Insider trading activity included CFO Brian T. Olsavsky selling 17,750 shares, reflecting a 26.59% decrease in his ownership, as insiders sold over 25 million shares valued at more than $5.6 billion in recent months.

IFM Investors Pty Ltd grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,747,141 shares of the e-commerce giant's stock after buying an additional 7,445 shares during the quarter. Amazon.com accounts for about 3.6% of IFM Investors Pty Ltd's portfolio, making the stock its 4th largest holding. IFM Investors Pty Ltd's holdings in Amazon.com were worth $332,411,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Western Wealth Management LLC raised its holdings in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after purchasing an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com in the 1st quarter worth about $514,000. Bearing Point Capital LLC acquired a new position in Amazon.com in the 4th quarter worth about $12,014,000. Keyvantage Wealth LLC acquired a new position in Amazon.com in the 4th quarter worth about $2,735,000. Finally, Colonial Trust Co SC raised its holdings in Amazon.com by 5.9% in the 4th quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant's stock worth $13,399,000 after purchasing an additional 3,413 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Amazon.com in a report on Wednesday. Moffett Nathanson boosted their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Wedbush boosted their price objective on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Royal Bank Of Canada boosted their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Finally, Citizens Jmp began coverage on Amazon.com in a research note on Thursday, July 10th. They set a "strong-buy" rating for the company. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This 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 available at this link. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company's stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 9.70% of the company's stock.

Amazon.com Price Performance

AMZN stock opened at $228.15 on Friday. 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 business has a 50 day simple moving average of $226.87 and a 200-day simple moving average of $208.58. The firm has a market capitalization of $2.43 trillion, a PE ratio of 34.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. 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 posted 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 business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's 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. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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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