ST Germain D J Co. Inc. Increases Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• ST Germain D J Co. Inc. increased its stake in Amazon.com by 53.2% during the second quarter, owning approximately 148,791 shares worth about $32.6 million at the end of that period.
• The e-commerce giant reported $1.68 EPS for the last quarter, surpassing analysts' expectations and showing a 13.3% year-over-year revenue growth with earnings totaling $167.7 billion.
• Multiple analysts have recently upgraded Amazon's stock, with target prices ranging from $250 to $285, contributing to a consensus rating of "Buy" for the shares.

ST Germain D J Co. Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 53.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 148,791 shares of the e-commerce giant's stock after buying an additional 51,663 shares during the quarter. Amazon.com comprises approximately 1.4% of ST Germain D J Co. Inc.'s portfolio, making the stock its 15th biggest position. ST Germain D J Co. Inc.'s holdings in Amazon.com were worth $32,643,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Carderock Capital Management Inc. bought a new position in shares of Amazon.com during the second quarter valued at $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the first quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com during the first quarter valued at $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com during the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after acquiring an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Up 1.6%

Shares of NASDAQ:AMZN opened at $225.22 on Thursday. The stock has a 50 day moving average of $226.03 and a 200 day moving average of $211.58. The company has a market cap of $2.40 trillion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28. 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, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on AMZN shares. Truist Financial boosted their target price on Amazon.com from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Tuesday, September 16th. HSBC boosted their target price on Amazon.com from $256.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday, September 29th. Wolfe Research boosted their target price on Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Pivotal Research boosted their target price on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Buy" and a consensus price target of $266.26.

Insider Activity at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company'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 completion of the transaction, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,313,335 shares of company stock worth $4,164,795,815 in the last three months. Insiders own 9.70% of the company's stock.

Amazon.com 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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