CHURCHILL MANAGEMENT Corp Has $18.96 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• CHURCHILL MANAGEMENT Corp reduced its stake in Amazon.com, Inc. by 5.8%, holding $18.96 million worth of shares after selling 5,331 shares during the 2nd quarter.
• Multiple large investors, including Kingstone Capital Partners and Goldman Sachs Group, have significantly increased their holdings in Amazon.com during recent quarters, indicating strong investor interest.
• Analysts have issued optimistic ratings for Amazon, with targets ranging from $250.00 to $280.00, and already a consensus rating of "Buy" for the stock.

CHURCHILL MANAGEMENT Corp reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,429 shares of the e-commerce giant's stock after selling 5,331 shares during the quarter. CHURCHILL MANAGEMENT Corp's holdings in Amazon.com were worth $18,962,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC increased its holdings in Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant's stock valued at $29,100,194,000 after buying an additional 132,616,953 shares during the period. Nuveen LLC bought a new stake in Amazon.com in the 1st quarter valued at $11,674,091,000. Goldman Sachs Group Inc. increased its holdings in 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. Vanguard Group Inc. increased its holdings in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the period. Finally, Amundi increased its holdings in Amazon.com by 15.1% in the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant's stock valued at $9,884,098,000 after buying an additional 7,267,277 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on AMZN shares. Barclays boosted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Friday, August 1st. JPMorgan Chase & Co. boosted their price target on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the stock a "buy" rating in a report on Tuesday, July 8th. Finally, Cowen reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $266.26.

Amazon.com Stock Performance

Amazon.com stock opened at $213.04 on Friday. 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 market cap of $2.27 trillion, a PE ratio of 32.48, a PEG ratio of 1.42 and a beta of 1.28. The company's 50-day moving average is $225.66 and its two-hundred day moving average is $212.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the company posted $1.26 EPS. The company's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the transaction, the insider directly owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. Insiders own 9.70% of the company's stock.

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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