MassMutual Private Wealth & Trust FSB Has $105.95 Million Position in Amazon.com, Inc. $AMZN

Key Points

• MassMutual Private Wealth & Trust FSB increased its stake in Amazon.com, owning approximately $105.95 million in shares, which constitutes 2.8% of their overall holdings.
• Several institutional investors have recently purchased significant new positions in Amazon, with hedge funds collectively owning about 72.20% of the company's stock.
• Analysts are optimistic about Amazon's future, with the stock receiving a consensus rating of "Buy" and a target price of $263.30 according to market research.

MassMutual Private Wealth & Trust FSB grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 482,938 shares of the e-commerce giant's stock after purchasing an additional 6,112 shares during the period. Amazon.com makes up about 2.8% of MassMutual Private Wealth & Trust FSB's investment portfolio, making the stock its 5th largest position. MassMutual Private Wealth & Trust FSB's holdings in Amazon.com were worth $105,952,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nuveen LLC bought a new stake in Amazon.com in the first quarter valued at about $11,674,091,000. GAMMA Investing LLC increased its holdings in Amazon.com by 21,420.5% in 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 buying an additional 30,104,520 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Amazon.com in the 4th quarter valued at approximately $2,037,963,000. Finally, Vanguard Group Inc. increased its holdings in shares of 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 valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider directly 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 legal filing with the SEC, which is accessible through this link. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. Company insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMZN. Pivotal Research boosted their target price 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. Wedbush reaffirmed an "outperform" rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday. Cantor Fitzgerald boosted their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the company a "buy" rating in a research report on Tuesday, July 8th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $265.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Two 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $263.30.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded down $3.85 on Monday, hitting $227.63. The company's stock had a trading volume of 45,744,649 shares, compared to its average volume of 43,972,473. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.70, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. The stock's 50-day moving average is $227.81 and its two-hundred day moving average is $209.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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 firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS 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.