Amazon.com, Inc. $AMZN Stock Holdings Boosted by Sunpointe LLC

Key Points

• Sunpointe LLC increased its stake in Amazon.com by 10.8%, now holding 21,936 shares valued at approximately $4.81 million, making Amazon its 12th largest holding.
• Amazon reported earnings of $1.68 per share for the last quarter, exceeding analysts' expectations of $1.31, with a revenue of $167.70 billion, up 13.3% year-over-year.
• Institutional investors collectively own 72.20% of Amazon's stock, with recent price targets from analysts for the stock ranging from $250.00 to $285.00.

Sunpointe LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,936 shares of the e-commerce giant's stock after buying an additional 2,144 shares during the period. Amazon.com accounts for 1.9% of Sunpointe LLC's portfolio, making the stock its 12th biggest holding. Sunpointe LLC's holdings in Amazon.com were worth $4,813,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Bare Financial Services Inc boosted its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after purchasing an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC lifted its stake in Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after buying an additional 53 shares in the last quarter. SWAN Capital LLC lifted its stake in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after buying an additional 55 shares in the last quarter. Hamel Associates Inc. lifted its stake in Amazon.com by 1.4% during the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after buying an additional 55 shares in the last quarter. Finally, Clifford Group LLC lifted its stake in Amazon.com by 0.4% during the first quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant's stock valued at $2,589,000 after buying an additional 55 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 3.0%

Shares of NASDAQ AMZN opened at $220.71 on Wednesday. The stock has a market cap of $2.35 trillion, a PE ratio of 33.64, a PEG ratio of 1.52 and a beta of 1.30. The business has a fifty day moving average of $227.74 and a two-hundred day moving average of $209.76. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during 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 business's revenue was up 13.3% on a year-over-year basis. During the same period last year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last three months. Insiders own 10.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMZN. JPMorgan Chase & Co. upped their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Pivotal Research increased their price target on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Evercore ISI restated an "outperform" rating and issued a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Roth Capital set a $250.00 price objective on Amazon.com and gave the stock a "buy" rating in a report on Tuesday, July 8th. Finally, HSBC increased their price target on Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $263.30.

Amazon.com 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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