Amazon.com, Inc. $AMZN Holdings Increased by Davis R M Inc.

Key Points

• Davis R M Inc. increased its stake in Amazon.com by acquiring an additional 10,834 shares, bringing its total holdings to 617,405 shares, worth approximately $117,467,000.
• Institutional investors own about 72.20% of Amazon.com stock, with major increases in holdings by firms like GAMMA Investing LLC, which raised its stake by 21,420.5% in the first quarter.
• Amazon.com reported strong quarterly earnings, with $1.68 EPS, significantly exceeding analyst expectations of $1.31 EPS, while achieving revenue of $167.70 billion.

Davis R M Inc. grew its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 617,405 shares of the e-commerce giant's stock after acquiring an additional 10,834 shares during the quarter. Amazon.com comprises approximately 2.4% of Davis R M Inc.'s portfolio, making the stock its 9th biggest holding. Davis R M Inc.'s holdings in Amazon.com were worth $117,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC increased its stake in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE raised its position in shares of Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in Amazon.com in the 4th quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMZN. Wells Fargo & Company lifted their price target on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 29th. Cowen restated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Cantor Fitzgerald lifted their price objective on Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business'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 completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock valued at $5,675,986,299 over the last quarter. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN traded down $2.60 during mid-day trading on Friday, hitting $229.00. 26,167,914 shares of the company's stock were exchanged, compared to its average volume of 37,773,448. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The stock's 50-day simple moving average is $224.25 and its 200-day simple moving average is $207.95. The firm has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results 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 firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.