Annex Advisory Services LLC Has $89.62 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Annex Advisory Services LLC increased its holdings in Amazon.com by 20.7% during Q2, now owning 408,477 shares valued at approximately $89.62 million.
• Several institutional investors have significantly increased their holdings in Amazon.com, with Kingstone Capital Partners growing its stake by an astounding 542,733.6%.
• Amazon's latest quarterly earnings surpassed estimates, reporting $1.68 EPS and revenue of $167.70 billion, indicating a year-over-year revenue growth of 13.3%.

Annex Advisory Services LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 20.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 408,477 shares of the e-commerce giant's stock after acquiring an additional 70,022 shares during the period. Amazon.com comprises approximately 2.2% of Annex Advisory Services LLC's holdings, making the stock its 11th largest holding. Annex Advisory Services LLC's holdings in Amazon.com were worth $89,616,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AMZN. Kingstone Capital Partners Texas LLC grew its holdings in shares of 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 worth $29,100,194,000 after purchasing an additional 132,616,953 shares during the last quarter. Nuveen LLC bought a new position in shares of Amazon.com in the first quarter valued at about $11,674,091,000. GAMMA Investing LLC lifted its position in Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after buying an additional 30,104,520 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Amazon.com in the 4th quarter valued at about $2,037,963,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN opened at $222.17 on Tuesday. The firm has a market cap of $2.37 trillion, a P/E ratio of 33.87, a PEG ratio of 1.47 and a beta of 1.31. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month 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. The firm's 50 day moving average price is $227.30 and its two-hundred day moving average price is $210.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during 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%.Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. DA Davidson raised their price target on shares of Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 1st. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Barclays boosted their target price on Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Morgan Stanley reiterated an "overweight" rating on shares of Amazon.com in a research report on Wednesday, September 10th. Finally, Piper Sandler boosted their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of "Buy" and a consensus price target of $264.13.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders sold 21,770,485 shares of company stock worth $4,938,795,968. 10.80% of the stock is owned by insiders.

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.