Amazon.com, Inc. $AMZN Shares Bought by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,039,498 shares of the e-commerce giant's stock after purchasing an additional 20,536 shares during the period. Amazon.com makes up approximately 2.8% of Mediolanum International Funds Ltd's holdings, making the stock its 4th biggest position. Mediolanum International Funds Ltd's holdings in Amazon.com were worth $200,332,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Western Wealth Management LLC raised its holdings 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 buying an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Amazon.com in the first quarter worth approximately $514,000. Bearing Point Capital LLC purchased a new position in shares of Amazon.com in the fourth quarter worth approximately $12,014,000. Evergreen Capital Management LLC raised its holdings in shares of Amazon.com by 0.5% during the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after acquiring an additional 1,198 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Amazon.com by 173.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock valued at $759,434,000 after acquiring an additional 2,196,353 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Telsey Advisory Group reissued an "outperform" rating and set a $265.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Jefferies Financial Group boosted their price target on Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Piper Sandler raised their price objective on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Finally, Citizens Jmp initiated coverage on Amazon.com in a research report on Thursday, July 10th. They set a "strong-buy" rating for the company. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Performance

Shares of AMZN stock traded up $0.15 during mid-day trading on Wednesday, reaching $228.86. The stock had a trading volume of 12,887,969 shares, compared to its average volume of 44,108,418. The firm's 50 day simple moving average is $223.15 and its 200 day simple moving average is $207.99. 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 firm has a market cap of $2.44 trillion, a PE ratio of 34.92, a P/E/G ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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 firm 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 business's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 6,835 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the sale, the chief executive officer owned 520,507 shares of the company's stock, valued at $115,354,761.34. The trade was a 1.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.

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.