Amazon.com, Inc. $AMZN Shares Acquired by Mather Group LLC.

Key Points

• Mather Group LLC. increased its holdings in Amazon.com by 13.5% in Q2, owning 69,831 shares worth approximately $15.32 million.
• Institutional investors now own 72.20% of Amazon.com stock, with several hedge funds significantly modifying their stakes in the company during the same period.
• Amazon's stock received positive ratings upgrades from multiple analysts, with new target prices set above $265, despite shares being down 1.3% recently.

Mather Group LLC. increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 13.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 69,831 shares of the e-commerce giant's stock after buying an additional 8,327 shares during the period. Mather Group LLC.'s holdings in Amazon.com were worth $15,320,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. McCarthy & Cox acquired a new position in Amazon.com during the 2nd quarter valued at about $201,000. Carr Financial Group Corp boosted its stake in Amazon.com by 11.2% during the 2nd quarter. Carr Financial Group Corp now owns 18,845 shares of the e-commerce giant's stock valued at $4,134,000 after purchasing an additional 1,897 shares during the period. Foster Victor Wealth Advisors LLC boosted its stake in Amazon.com by 4.1% during the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 179,171 shares of the e-commerce giant's stock valued at $39,873,000 after purchasing an additional 7,114 shares during the period. Peddock Capital Advisors LLC boosted its stake in Amazon.com by 2.2% during the 2nd quarter. Peddock Capital Advisors LLC now owns 17,472 shares of the e-commerce giant's stock valued at $3,833,000 after purchasing an additional 379 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its stake in Amazon.com by 0.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,049,905 shares of the e-commerce giant's stock valued at $888,509,000 after purchasing an additional 28,581 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wells Fargo & Company raised shares of Amazon.com from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $245.00 to $280.00 in a research note on Wednesday, September 24th. DA Davidson boosted their target price on shares of Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Morgan Stanley reissued an "overweight" rating on shares of Amazon.com in a research note on Wednesday, September 10th. Finally, Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $266.26.

Amazon.com Stock Down 1.3%

Shares of NASDAQ:AMZN opened at $219.51 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market cap of $2.34 trillion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a 50 day simple moving average of $226.55 and a 200 day simple moving average of $211.13.

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

Insiders Place Their Bets

In other Amazon.com news, 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 transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,845,122 shares of company stock worth $4,731,747,929 in the last quarter. Corporate insiders own 9.70% 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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