Embree Financial Group Has $7.63 Million Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Embree Financial Group increased its holdings in Amazon.com, Inc. by 10.0% in the second quarter, bringing its total investment to approximately $7.63 million with 34,771 shares owned.
• Several institutional investors have made significant changes to their stakes in Amazon, with Kingstone Capital Partners increasing its holdings by 542,733.6% during the same period.
• Despite insider selling, Amazon's stock continues to be positively rated by analysts, with an average target price recently raised to $266.26.

Embree Financial Group grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 10.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,771 shares of the e-commerce giant's stock after buying an additional 3,153 shares during the period. Amazon.com makes up 1.1% of Embree Financial Group's portfolio, making the stock its 20th largest position. Embree Financial Group's holdings in Amazon.com were worth $7,628,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMZN. Kingstone Capital Partners Texas LLC grew its holdings in shares of 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 acquired a new position in Amazon.com in the 1st quarter worth $11,674,091,000. GAMMA Investing LLC boosted its stake in Amazon.com by 21,420.5% in the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Goldman Sachs Group Inc. boosted its stake 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 worth $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Finally, Vanguard Group Inc. boosted its stake 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 worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AMZN. Deutsche Bank Aktiengesellschaft upped their target price on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Wolfe Research upped their target price on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Finally, Pivotal Research upped their target price on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $266.26.

Amazon.com Stock Up 0.4%

Shares of AMZN stock opened at $221.78 on Wednesday. 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's 50-day moving average is $226.13 and its 200-day moving average is $211.48. The stock has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.81, a PEG ratio of 1.48 and a beta of 1.28. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued 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. The company had revenue of $167.70 billion for 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%. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the 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 transaction, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,313,335 shares of company stock worth $4,164,795,815 in the last 90 days. 10.80% of the stock is owned by corporate insiders.

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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