Amazon.com, Inc. $AMZN Shares Bought by Longbow Finance SA

Longbow Finance SA lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 76.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 231,838 shares of the e-commerce giant's stock after buying an additional 100,538 shares during the period. Amazon.com comprises 5.3% of Longbow Finance SA's holdings, making the stock its 5th largest holding. Longbow Finance SA's holdings in Amazon.com were worth $44,109,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Norges Bank bought a new stake in shares of Amazon.com during the 4th quarter worth approximately $27,266,582,000. GAMMA Investing LLC increased its stake in Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Capital World Investors lifted its position in shares of Amazon.com by 36.8% during the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after purchasing an additional 17,681,004 shares during the last quarter. Capital International Investors lifted its position in shares of Amazon.com by 26.5% during the fourth quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Amazon.com by 14.0% during the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after purchasing an additional 11,926,749 shares during the period. Institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on AMZN. Barclays upped their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Westpark Capital reiterated a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Truist Financial raised their price objective on Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Citizens Jmp started coverage on Amazon.com in a research report on Thursday, July 10th. They set a "strong-buy" rating for the company. Finally, Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a report on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus price target of $262.87.

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the transaction, the chief executive officer directly owned 520,507 shares of the company's stock, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299 over the last quarter. Company insiders own 10.80% of the company's stock.

Amazon.com Stock Up 0.1%

NASDAQ AMZN traded up $0.15 on Wednesday, hitting $228.86. The stock had a trading volume of 12,887,969 shares, compared to its average volume of 44,108,418. The business's fifty day moving average price is $223.15 and its 200 day moving average price is $207.99. The stock has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. 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 posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 analysts' expectations of $161.80 billion. During the same quarter last year, the firm earned $1.26 EPS. The business's quarterly revenue was up 13.3% on a year-over-year basis. 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 year.

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.