Pacific Capital Partners Ltd Buys New Stake in Amazon.com, Inc. $AMZN

Pacific Capital Partners Ltd bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 17,124 shares of the e-commerce giant's stock, valued at approximately $3,258,000. Amazon.com comprises about 2.1% of Pacific Capital Partners Ltd's holdings, making the stock its 19th largest position.

A number of other hedge funds have also recently modified their holdings of the stock. FMR LLC grew its position in Amazon.com by 0.5% during the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the last quarter. Geode Capital Management LLC grew its position in Amazon.com by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after purchasing an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Amazon.com by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after purchasing an additional 4,087,933 shares during the last quarter. 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 worth $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Amazon.com by 14.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant's stock worth $14,474,471,000 after purchasing an additional 8,142,030 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Oppenheimer lowered their price objective on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Bank of America raised their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, UBS Group reaffirmed a "buy" rating and issued a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Two 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. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $262.87.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's 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 sale, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,675,986,299 over the last ninety days. Insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $229.00 on Friday. The firm has a 50 day simple moving average of $224.25 and a 200-day simple moving average of $208.10. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market cap of $2.44 trillion, a PE ratio of 34.91, a P/E/G ratio of 1.55 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.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The business 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%. The company's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current 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.

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