Amazon.com, Inc. $AMZN Shares Bought by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 21.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,654 shares of the e-commerce giant's stock after purchasing an additional 5,331 shares during the period. N.E.W. Advisory Services LLC's holdings in Amazon.com were worth $5,642,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AMZN. Brighton Jones LLC increased its holdings in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG increased its holdings in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE increased its holdings in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction on Thursday, August 21st. The stock was 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 of the company's stock, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock valued at $5,675,986,299 in the last quarter. 9.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Pivotal Research upped their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Cantor Fitzgerald upped their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Barclays upped their price objective on Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Finally, Tigress Financial upped their price objective on Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $231.60 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company's 50-day moving average price is $223.86 and its two-hundred day moving average price is $208.12. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The stock has a market cap of $2.47 trillion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31.

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, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the previous year, the business earned $1.26 earnings per share. Amazon.com's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS 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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