BNP PARIBAS ASSET MANAGEMENT Holding S.A. Acquires 249,377 Shares of Amazon.com, Inc. $AMZN

Key Points

• BNP PARIBAS ASSET MANAGEMENT Holding S.A. has acquired an additional 249,377 shares of Amazon.com, increasing its holdings by 3.7% to a total of 7,045,166 shares, making Amazon its 4th largest position.
• A number of institutional investors have increased their positions in Amazon, with 72.20% of the stock currently owned by institutional investors and hedge funds.
• Amazon reported a quarterly earnings per share of $1.68, exceeding expectations, with revenue of $167.70 billion, marking a 13.3% year-over-year increase.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,045,166 shares of the e-commerce giant's stock after acquiring an additional 249,377 shares during the period. Amazon.com comprises about 3.6% of BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s investment portfolio, making the stock its 4th biggest position. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.07% of Amazon.com worth $1,340,573,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com in the fourth quarter valued at about $25,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at about $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com in the first quarter valued at about $42,000. Finally, Harbor Investment Advisory LLC boosted its position in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after buying an additional 2,145 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Down 3.3%

Shares of NASDAQ AMZN opened at $230.33 on Thursday. The company's 50 day simple moving average is $226.63 and its 200 day simple moving average is $208.40. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The firm has a market capitalization of $2.46 trillion, a P/E ratio of 35.11, a P/E/G ratio of 1.60 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

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 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 business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com's 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 predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction that occurred 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 disclosure for this sale can be found here. In the last three months, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate insiders own 9.70% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on AMZN. Wells Fargo & Company boosted their price target on shares of Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 29th. Bank of America boosted their price target on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and issued a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Finally, Sanford C. Bernstein set a $235.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Company 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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