Mediolanum International Funds Ltd Acquires 20,536 Shares of Amazon.com, Inc. $AMZN

Mediolanum International Funds Ltd grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,039,498 shares of the e-commerce giant's stock after acquiring an additional 20,536 shares during the quarter. Amazon.com comprises approximately 2.8% of Mediolanum International Funds Ltd's holdings, making the stock its 4th largest position. Mediolanum International Funds Ltd's holdings in Amazon.com were worth $200,332,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Western Wealth Management LLC boosted its position in Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after acquiring an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter worth $514,000. Bearing Point Capital LLC acquired a new position in Amazon.com during the 4th quarter worth $12,014,000. Evergreen Capital Management LLC boosted its position in Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after acquiring an additional 1,198 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after acquiring an additional 2,196,353 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AMZN shares. BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a research report on Friday, June 27th. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. DA Davidson upped their price objective on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 1st. Canaccord Genuity Group restated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, Cowen restated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amazon.com has an average rating of "Buy" and a consensus price target of $262.87.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares of the company's stock, 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 a total of 25,097,911 shares of company stock valued at $5,675,986,299 over the last 90 days. 9.70% of the stock is owned by insiders.

Amazon.com Trading Up 1.1%

Shares of NASDAQ AMZN traded up $2.48 during mid-day trading on Thursday, hitting $231.60. 33,650,159 shares of the company traded hands, compared to its average volume of 46,110,316. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The stock has a market capitalization of $2.47 trillion, a price-to-earnings ratio of 35.30, a PEG ratio of 1.54 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average of $223.86 and a two-hundred day moving average of $208.12.

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, 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 business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.