Amazon.com, Inc. $AMZN Stock Position Raised by Kingstone Capital Partners Texas LLC

Key Points

• Kingstone Capital Partners Texas LLC significantly increased its stake in Amazon.com, Inc., by 542,733.6%, acquiring over 132 million shares during the second quarter, making Amazon its 6th largest position.
• Amazon's recent earnings report showed an EPS of $1.68, exceeding estimates, with quarterly revenue of $167.70 billion, up 13.3% year-over-year.
• Insiders, including CEO Douglas J. Herrington, have sold substantial amounts of stock, with over 21 million shares sold in the last three months, representing 9.70% of the company's equity owned by corporate insiders.

Kingstone Capital Partners Texas LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 542,733.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,641,388 shares of the e-commerce giant's stock after purchasing an additional 132,616,953 shares during the quarter. Amazon.com accounts for about 3.9% of Kingstone Capital Partners Texas LLC's holdings, making the stock its 6th biggest position. Kingstone Capital Partners Texas LLC owned approximately 1.25% of Amazon.com worth $29,100,194,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Bare Financial Services Inc lifted 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 acquiring an additional 48 shares during the period. Vista Investment Partners LLC raised its position in shares of Amazon.com by 0.9% during the 2nd quarter. Vista Investment Partners LLC now owns 5,859 shares of the e-commerce giant's stock worth $1,285,000 after purchasing an additional 52 shares during the last quarter. Talisman Wealth Advisors LLC raised its position in shares of Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after purchasing an additional 53 shares during the last quarter. Stonekeep Investments LLC raised its position in shares of Amazon.com by 0.4% during the 2nd quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant's stock worth $3,030,000 after purchasing an additional 54 shares during the last quarter. Finally, SWAN Capital LLC raised its position in shares of Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 0.7%

Shares of NASDAQ AMZN opened at $219.78 on Friday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The firm has a fifty day moving average of $227.44 and a 200-day moving average of $210.16. The stock has a market capitalization of $2.34 trillion, a PE ratio of 33.50, a P/E/G ratio of 1.46 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the previous year, the company earned $1.26 EPS. The business's quarterly 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.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares of the company's stock, valued at $115,769,384.43. The trade was a 0.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company'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 sale, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,997,911 shares of company stock worth $4,989,630,574. 9.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AMZN has been the subject of several research reports. Cantor Fitzgerald lifted their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Oppenheimer cut their price objective on Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a research report on Friday, August 1st. Citigroup restated an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Scotiabank boosted their price target on Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Finally, BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a report on Friday, June 27th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $264.04.

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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