Amazon.com, Inc. $AMZN Stake Raised by Kavar Capital Partners Group LLC

Key Points

• Kavar Capital Partners Group LLC increased its stake in Amazon.com, Inc. by 8.2% during the second quarter, now holding 36,037 shares valued at approximately $7.9 million.
• Several hedge funds, including Vanguard Group and Kingstone Capital Partners, have significantly increased their positions in Amazon, with 72.20% of the stock now owned by institutional investors.
• Amazon's recent quarterly earnings surpassed expectations, reporting an EPS of $1.68 and revenue of $167.7 billion, a 13.3% increase year-over-year.

Kavar Capital Partners Group LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,037 shares of the e-commerce giant's stock after acquiring an additional 2,733 shares during the period. Amazon.com comprises about 1.1% of Kavar Capital Partners Group LLC's holdings, making the stock its 25th largest holding. Kavar Capital Partners Group LLC's holdings in Amazon.com were worth $7,906,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its position in Amazon.com by 542,733.6% during 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 purchasing an additional 132,616,953 shares during the last quarter. Northern Trust Corp boosted its position in Amazon.com by 0.3% during 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 purchasing an additional 302,858 shares during the last quarter. Nuveen LLC acquired a new stake in Amazon.com during the first quarter valued at $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Amazon.com by 1.0% during 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 purchasing an additional 605,415 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Robert W. Baird raised their price target on Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a research note on Friday, June 27th. Westpark Capital reaffirmed a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Rosenblatt Securities raised their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. 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, the stock currently has an average rating of "Buy" and an average price target of $266.26.

Amazon.com Trading Up 1.7%

Amazon.com stock opened at $220.07 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The business's 50-day simple moving average is $226.10 and its 200-day simple moving average is $212.16. The firm has a market capitalization of $2.35 trillion, a PE ratio of 33.55, a PEG ratio of 1.43 and a beta of 1.28. 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 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In other 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 value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm'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 owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,864,716 shares of company stock valued at $2,486,013,854 in the last ninety days. Company insiders own 10.80% of the company's stock.

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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