Amazon.com, Inc. $AMZN Shares Purchased by Advisors Management Group Inc. ADV

Key Points

• Advisors Management Group Inc. ADV increased its stake in Amazon.com by 16.8% in Q2, holding nearly 46,000 shares valued at approximately $10 million.
• Institutional investors own about 72.20% of Amazon's stock, with significant increases in holdings noted from major players like Vanguard and Kingstone Capital Partners.
• Amazon's shares have a current price target of $266.26 based on a consensus rating of "Buy" from analysts, with an anticipated earnings per share (EPS) of $6.31 for the current fiscal year.

Advisors Management Group Inc. ADV grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,962 shares of the e-commerce giant's stock after acquiring an additional 6,596 shares during the quarter. Amazon.com accounts for approximately 1.9% of Advisors Management Group Inc. ADV's investment portfolio, making the stock its 8th largest position. Advisors Management Group Inc. ADV's holdings in Amazon.com were worth $10,084,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of AMZN. Vanguard Group Inc. increased its stake in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC increased its stake 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 valued at $29,100,194,000 after buying an additional 132,616,953 shares during the period. Northern Trust Corp increased its stake in shares of Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock valued at $18,527,354,000 after buying an additional 302,858 shares during the period. Nuveen LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Amazon.com by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant's stock valued at $11,461,952,000 after buying an additional 605,415 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wolfe Research upped their price objective on Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. UBS Group reissued a "buy" rating and set a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Moffett Nathanson increased their target price on shares of Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Susquehanna increased their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Finally, Citigroup reissued an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com has an average rating of "Buy" and a consensus price target of $266.26.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,040,098 shares of company stock worth $3,204,129,405. 9.70% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of AMZN opened at $227.74 on Friday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The business's fifty day moving average is $225.90 and its 200 day moving average is $211.75. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.43 trillion, a P/E ratio of 34.72, a P/E/G ratio of 1.51 and a beta of 1.28.

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

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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