Amazon.com, Inc. $AMZN Stock Holdings Raised by James Hambro & Partners LLP

Key Points

• James Hambro & Partners LLP increased its stake in Amazon.com by 5.3%, holding 669,167 shares valued at approximately $146.8 million.
• Several hedge funds have also raised their positions in Amazon, with Avior Wealth Management leading at a 19.4% increase, indicating strong institutional interest in the stock.
• A number of analysts have updated their target prices for Amazon shares, with adjustments suggesting a positive outlook and a new average target of $266.26, reflecting confidence in the company's growth.

James Hambro & Partners LLP lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 669,167 shares of the e-commerce giant's stock after buying an additional 33,424 shares during the quarter. Amazon.com accounts for approximately 5.8% of James Hambro & Partners LLP's holdings, making the stock its 6th largest holding. James Hambro & Partners LLP's holdings in Amazon.com were worth $146,802,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Avior Wealth Management LLC raised its holdings in shares of Amazon.com by 19.4% during the 2nd quarter. Avior Wealth Management LLC now owns 88,088 shares of the e-commerce giant's stock valued at $19,326,000 after buying an additional 14,338 shares during the period. Clear Point Advisors Inc. raised its holdings in shares of Amazon.com by 4.5% during the 2nd quarter. Clear Point Advisors Inc. now owns 4,865 shares of the e-commerce giant's stock valued at $1,067,000 after buying an additional 210 shares during the period. XY Planning Network Inc. raised its holdings in shares of Amazon.com by 71.3% during the 2nd quarter. XY Planning Network Inc. now owns 6,548 shares of the e-commerce giant's stock valued at $1,437,000 after buying an additional 2,726 shares during the period. BayBridge Capital Group LLC raised its holdings in shares of Amazon.com by 1.6% during the 2nd quarter. BayBridge Capital Group LLC now owns 8,055 shares of the e-commerce giant's stock valued at $1,767,000 after buying an additional 123 shares during the period. Finally, Charles Schwab Trust Co raised its holdings in shares of Amazon.com by 2.4% during the 2nd quarter. Charles Schwab Trust Co now owns 8,669 shares of the e-commerce giant's stock valued at $1,902,000 after buying an additional 206 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,040,098 shares of company stock worth $3,204,129,405 over the last ninety days. 9.70% of the stock is currently owned by company insiders.

Amazon.com Trading Down 5.0%

NASDAQ:AMZN opened at $216.37 on Friday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a P/E/G ratio of 1.51 and a beta of 1.28. 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 business has a 50 day simple moving average of $225.94 and a 200 day simple moving average of $211.82.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results 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. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AMZN shares. BMO Capital Markets raised their target price on Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Evercore ISI restated an "outperform" rating and set a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Bank of America raised their price objective on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Rosenblatt Securities raised their price objective on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, Mizuho set a $300.00 price objective on Amazon.com and gave the company an "outperform" rating in a research note on Monday, September 29th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Amazon.com 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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