Freemont Management S.A. Purchases 9,800 Shares of Amazon.com, Inc. $AMZN

Freemont Management S.A. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 37.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,200 shares of the e-commerce giant's stock after acquiring an additional 9,800 shares during the period. Amazon.com accounts for about 2.3% of Freemont Management S.A.'s investment portfolio, making the stock its 11th largest holding. Freemont Management S.A.'s holdings in Amazon.com were worth $6,887,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Amazon.com in the fourth quarter worth $27,266,582,000. GAMMA Investing LLC increased its holdings in shares of Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after acquiring an additional 30,104,520 shares in the last quarter. Capital World Investors raised its position in shares of Amazon.com by 36.8% in the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after purchasing an additional 17,681,004 shares during the last quarter. Capital International Investors boosted its stake in Amazon.com by 26.5% in the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares in the last quarter. Finally, Northern Trust Corp grew its position in Amazon.com by 14.0% during the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of Amazon.com stock traded up $0.15 on Wednesday, hitting $228.86. 12,887,969 shares of the company's stock were exchanged, compared to its average volume of 44,108,418. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a 50-day simple moving average of $223.15 and a 200-day simple moving average of $207.99. 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 stock has a market capitalization of $2.44 trillion, a PE ratio of 34.92, a PEG ratio of 1.53 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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. 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 for the quarter, compared to analysts' expectations of $161.80 billion. During the same period last year, the firm earned $1.26 EPS. Amazon.com's revenue for the quarter 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 analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AMZN shares. Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. DA Davidson lifted their target price on Amazon.com from $230.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Wall Street Zen upgraded Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Rosenblatt Securities increased their price objective on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Morgan Stanley reissued an "overweight" rating and issued a $300.00 target price on shares of Amazon.com in a research report on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the sale, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate insiders own 10.80% of the company's stock.

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.