Amazon.com, Inc. $AMZN Shares Bought by Waycross Partners LLC

Key Points

• Waycross Partners LLC increased its holdings in Amazon.com by 2.8% during the second quarter, now owning approximately $45.6 million worth of shares, making it the firm's 6th largest position.
• Institutional investors and hedge funds collectively own 72.20% of Amazon's stock, with notable increases in share acquisitions by firms such as Kingstone Capital Partners and GAMMA Investing LLC.
• Amazon's stock price recently opened at $219.51 and experienced a 1.3% decline, alongside a strong earnings report exceeding analysts' expectations for both earnings and revenue.

Waycross Partners LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 207,968 shares of the e-commerce giant's stock after buying an additional 5,634 shares during the quarter. Amazon.com makes up approximately 4.3% of Waycross Partners LLC's portfolio, making the stock its 6th largest position. Waycross Partners LLC's holdings in Amazon.com were worth $45,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Kingstone Capital Partners Texas LLC lifted its position in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant's stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares in the last quarter. Nuveen LLC bought a new position in Amazon.com during the first quarter valued at approximately $11,674,091,000. GAMMA Investing LLC raised its position in Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Amazon.com during the fourth quarter valued at approximately $2,037,963,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction 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 sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,845,122 shares of company stock valued at $4,731,747,929. 9.70% of the stock is owned by insiders.

Amazon.com Stock Down 1.3%

AMZN opened at $219.51 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. 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 firm's fifty day moving average price is $226.55 and its two-hundred day moving average price is $211.02. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.49 and a beta of 1.28.

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 for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company earned $1.26 earnings per share. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. Telsey Advisory Group reaffirmed an "outperform" rating and set a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, September 24th. Bank of America raised their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Mizuho set a $300.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research report on Monday. Royal Bank Of Canada lifted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a research report 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 company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $266.26.

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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