Fiera Capital Corp Acquires 46,068 Shares of Amazon.com, Inc. $AMZN

Key Points

• Fiera Capital Corp increased its stake in Amazon.com, Inc. by 10.2%, owning a total of 496,181 shares valued at approximately $94.4 million as of the end of the first quarter.
• Amazon.com stock price has seen a recent 1.1% decline, trading at about $229.00 with a market cap of $2.44 trillion.
• Analysts maintain a consensus rating of "Buy" for Amazon.com with an average price target of $262.87, reflecting continued institutional interest.

Fiera Capital Corp lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 496,181 shares of the e-commerce giant's stock after acquiring an additional 46,068 shares during the period. Fiera Capital Corp's holdings in Amazon.com were worth $94,403,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AMZN. Brighton Jones LLC increased its stake in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC increased its stake 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 valued at $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake 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 valued at $442,481,000 after purchasing an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE increased its stake in 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 valued at $6,357,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in Amazon.com during the 4th quarter valued at $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded down $2.60 during midday trading on Monday, reaching $229.00. The company had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. The company's 50 day moving average price is $224.66 and its 200 day moving average price is $207.80. 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 $2.44 trillion, a P/E ratio of 34.91, a P/E/G ratio of 1.54 and a beta of 1.31. 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 quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AMZN shares. Citigroup restated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Pivotal Research boosted their price target on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Telsey Advisory Group restated an "outperform" rating and set a $265.00 price target on shares of Amazon.com in a research note on Wednesday, August 13th. Evercore ISI reiterated an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Monness Crespi & Hardt upped their target price on shares of Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Two equities research 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, the stock has a consensus rating of "Buy" and a consensus target price of $262.87.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849. 10.80% of the stock is currently owned by insiders.

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.