Amazon.com, Inc. $AMZN is Scotia Capital Inc.'s 8th Largest Position

Scotia Capital Inc. lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,786,359 shares of the e-commerce giant's stock after selling 12,539 shares during the period. Amazon.com makes up about 2.8% of Scotia Capital Inc.'s holdings, making the stock its 8th biggest position. Scotia Capital Inc.'s holdings in Amazon.com were worth $530,132,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock valued at $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE boosted its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new position in Amazon.com during the fourth quarter valued at approximately $2,153,000. 72.20% of the stock is owned by institutional investors.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the sale, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849. Insiders own 9.70% of the company's stock.

Amazon.com Stock Up 4.3%

Shares of AMZN stock traded up $9.69 during midday trading on Thursday, reaching $235.68. 59,205,609 shares of the stock were exchanged, compared to its average volume of 43,959,109. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a market cap of $2.51 trillion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The company's 50 day moving average is $225.19 and its two-hundred day moving average is $208.04. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the business earned $1.26 EPS. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Moffett Nathanson lifted their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Bank of America lifted their target price on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, BNP Paribas upgraded shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $262.87.

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.