Anderson Financial Strategies LLC Has $316,000 Holdings in Amazon.com, Inc. $AMZN

Key Points

• Anderson Financial Strategies LLC significantly increased its holdings in Amazon.com, Inc. by 2,762.1% in the first quarter, owning 1,660 shares worth $316,000 after adding 1,602 shares during the period.
• Insider transactions revealed that CEO Andrew R. Jassy sold 19,872 shares for roughly $4.4 million, while a total of 25 million shares were sold by insiders last quarter, representing a significant decrease in their ownership.
• Analysts have raised Amazon's price targets, with the average target now at $262.87 and a consensus rating of "Buy" from investment analysts.

Anderson Financial Strategies LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2,762.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,660 shares of the e-commerce giant's stock after buying an additional 1,602 shares during the quarter. Anderson Financial Strategies LLC's holdings in Amazon.com were worth $316,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Nuveen LLC bought a new position in Amazon.com during the 1st quarter worth approximately $11,674,091,000. GAMMA Investing LLC raised its holdings in Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Northern Trust Corp boosted its position in shares of Amazon.com by 14.0% during the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock worth $21,297,564,000 after purchasing an additional 11,926,749 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Amazon.com in the 4th quarter valued at $2,037,963,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

AMZN has been the topic of several recent analyst reports. Piper Sandler lifted their target price on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Canaccord Genuity Group reiterated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Jefferies Financial Group upped their price target on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Finally, Citigroup reissued an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. 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. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Stock Down 0.8%

Amazon.com stock opened at $228.15 on Monday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a fifty day simple moving average of $226.87 and a 200 day simple moving average of $208.58. The company has a market cap of $2.43 trillion, a P/E ratio of 34.78, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31.

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 company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research 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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