Czech National Bank Boosts Stock Position in Amazon.com, Inc. $AMZN

Key Points

• The Czech National Bank increased its Amazon.com holdings by 6.6% during Q2, bringing its total share count to over 2.3 million, valued at approximately $506.7 million, making Amazon its fourth-largest investment.
• Amazon reported a strong quarterly performance with an earnings per share of $1.68, surpassing estimates and achieving a 13.3% increase in year-over-year revenue.
• Several investment firms raised their price targets for Amazon, with Barclays setting a new target at $275.00, while the overall analyst consensus rating for the stock remains a "Buy."

Czech National Bank increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,309,562 shares of the e-commerce giant's stock after acquiring an additional 143,136 shares during the period. Amazon.com makes up about 3.9% of Czech National Bank's investment portfolio, making the stock its 4th biggest position. Czech National Bank's holdings in Amazon.com were worth $506,695,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bare Financial Services Inc lifted its holdings in Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after purchasing an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC lifted its position in Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after buying an additional 53 shares during the period. SWAN Capital LLC grew its stake in shares of Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after buying an additional 55 shares in the last quarter. Hamel Associates Inc. grew its position in shares of Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after acquiring an additional 55 shares in the last quarter. Finally, Clifford Group LLC raised its stake in Amazon.com by 0.4% during the 1st quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant's stock valued at $2,589,000 after acquiring an additional 55 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares of the company's stock, valued at $695,286.66. This trade represents a 85.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN traded up $0.25 during mid-day trading on Friday, reaching $231.48. The company's stock had a trading volume of 97,793,456 shares, compared to its average volume of 37,103,036. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The business has a 50-day simple moving average of $227.81 and a two-hundred day simple moving average of $209.43. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.47 trillion, a P/E ratio of 35.29, a PEG ratio of 1.55 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMZN. Royal Bank Of Canada increased their price objective on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Oppenheimer reduced their price objective on Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their price target on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Westpark Capital restated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Finally, BNP Paribas Exane raised shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a research note on Friday, June 27th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com presently has an average rating of "Buy" and a consensus price target of $263.30.

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.