Amazon.com, Inc. $AMZN Shares Bought by Public Employees Retirement System of Ohio

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Amazon.com, Inc. by 0.7%, owning 4,049,905 shares valued at approximately $888.5 million.
• Amazon reported a significant earnings beat for the quarter, with $1.68 EPS against estimates of $1.31, and a revenue of $167.7 billion, showing a 13.3% year-over-year growth.
• Institutional investors hold about 72.20% of Amazon's stock, reflecting strong interest from significant financial entities as several hedge funds have recently adjusted their positions.

Public Employees Retirement System of Ohio boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 4,049,905 shares of the e-commerce giant's stock after acquiring an additional 28,581 shares during the period. Amazon.com comprises about 3.0% of Public Employees Retirement System of Ohio's holdings, making the stock its 4th biggest holding. Public Employees Retirement System of Ohio's holdings in Amazon.com were worth $888,509,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the first quarter valued at approximately $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter valued at approximately $40,000. Capitol Family Office Inc. acquired a new stake in Amazon.com in the first quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. lifted its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock worth $46,000 after buying an additional 95 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Amazon.com stock opened at $219.51 on Friday. The company has a market cap of $2.34 trillion, a PE ratio of 33.46, a P/E/G ratio of 1.47 and a beta of 1.28. The company has a fifty day moving average price of $226.55 and a two-hundred day moving average price of $211.13. 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 12 month low of $161.38 and a 12 month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its 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 company had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period last year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,845,122 shares of company stock valued at $4,731,747,929. 9.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Robert W. Baird lifted their target price on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Needham & Company LLC restated a "buy" rating and set a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Cantor Fitzgerald boosted their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Scotiabank boosted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, July 22nd. Finally, Susquehanna boosted their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $266.26.

About Amazon.com

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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