Amazon.com, Inc. $AMZN Holdings Boosted 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. raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 617,405 shares of the e-commerce giant's stock after acquiring an additional 10,834 shares during the period. Amazon.com makes up 2.4% of Davis R M Inc.'s portfolio, making the stock its 9th biggest position. Davis R M Inc.'s holdings in Amazon.com were worth $117,467,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Western Wealth Management LLC grew its stake in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter worth $514,000. Bearing Point Capital LLC purchased a new stake in shares of Amazon.com in the fourth quarter worth $12,014,000. Evergreen Capital Management LLC grew its stake in shares of Amazon.com by 0.5% in the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after acquiring an additional 1,198 shares during the last quarter. Finally, Keyvantage Wealth LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at $2,735,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the firm'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 of the company's stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at $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. Over the last quarter, insiders sold 25,095,411 shares of company stock valued at $5,675,473,849. Company insiders own 10.80% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on AMZN shares. JPMorgan Chase & Co. increased their price objective on Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. UBS Group reissued a "buy" rating and issued a $271.00 target price (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Stifel Nicolaus raised their target price on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Finally, DA Davidson raised their target price on Amazon.com from $230.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Performance

Shares of NASDAQ AMZN traded up $0.65 during trading on Wednesday, hitting $225.99. The company had a trading volume of 28,213,244 shares, compared to its average volume of 33,878,940. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 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 has a market capitalization of $2.41 trillion, a P/E ratio of 34.45, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The stock has a 50 day simple moving average of $225.19 and a 200 day simple moving average of $208.04.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the company posted $1.26 EPS. The firm's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share 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.