Raiffeisen Bank International AG Has $74.28 Million Position in Amazon.com, Inc. $AMZN

Key Points

• Raiffeisen Bank International AG increased its stake in Amazon.com, Inc. by 14.3% to approximately $74.28 million, making Amazon its 17th largest holding.
• Amazon received several price target upgrades from analysts, with a consensus target now set at $262.87 and a majority rating of "Buy."
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon, totaling nearly $961 million, but still retains a significant ownership stake valued at around $201.8 billion.

Raiffeisen Bank International AG raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 14.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 387,177 shares of the e-commerce giant's stock after buying an additional 48,399 shares during the quarter. Amazon.com comprises about 1.2% of Raiffeisen Bank International AG's investment portfolio, making the stock its 17th biggest position. Raiffeisen Bank International AG's holdings in Amazon.com were worth $74,283,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Western Wealth Management LLC raised its position in Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in Amazon.com in the first quarter valued at about $514,000. Bearing Point Capital LLC purchased a new position in Amazon.com in the fourth quarter valued at about $12,014,000. Evergreen Capital Management LLC raised its position in Amazon.com by 0.5% in 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 purchasing an additional 1,198 shares during the period. Finally, Keyvantage Wealth LLC purchased a new position in Amazon.com in the fourth quarter valued at about $2,735,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on AMZN shares. UBS Group reissued a "buy" rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Citigroup reaffirmed an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. The Goldman Sachs Group reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Finally, Scotiabank lifted their price target on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com presently has an average rating of "Buy" and an average price target of $262.87.

Amazon.com Stock Performance

Shares of NASDAQ AMZN traded down $3.35 during midday trading on Friday, hitting $232.33. 36,684,807 shares of the company's stock were exchanged, compared to its average volume of 32,905,296. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The firm has a market cap of $2.48 trillion, a P/E ratio of 35.42, a PEG ratio of 1.58 and a beta of 1.30. The stock's 50 day moving average price is $225.74 and its 200-day moving average price is $208.13. 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 announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly 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. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 9.70% 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.