GLOBALT Investments LLC GA Acquires 10,776 Shares of Amazon.com, Inc. $AMZN

GLOBALT Investments LLC GA lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 88,826 shares of the e-commerce giant's stock after purchasing an additional 10,776 shares during the period. Amazon.com comprises approximately 0.7% of GLOBALT Investments LLC GA's holdings, making the stock its 23rd biggest position. GLOBALT Investments LLC GA's holdings in Amazon.com were worth $16,900,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com in the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. bought a new stake in Amazon.com during the 4th quarter worth approximately $27,000. LSV Asset Management bought a new stake in Amazon.com during the 4th quarter worth approximately $35,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter worth approximately $40,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 0.4%

Shares of AMZN stock opened at $227.94 on Tuesday. The company has a market cap of $2.43 trillion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The stock's 50 day simple moving average is $222.87 and its two-hundred day simple moving average is $207.84. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. The company'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. Research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have commented on AMZN. Monness Crespi & Hardt raised 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. Evercore ISI restated an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Westpark Capital restated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Wells Fargo & Company raised their target price on shares of Amazon.com from $238.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 29th. Finally, Benchmark restated a "buy" rating and set a $260.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Amazon.com has an average rating of "Buy" and a consensus price target of $262.87.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction 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 completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 25,097,911 shares of company stock worth $5,675,986,299 over the last ninety days. 10.80% of the stock is 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.

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