Swedbank AB Boosts Holdings in Amazon.com, Inc. $AMZN

Key Points

• Swedbank AB increased its holdings in Amazon.com, Inc. by 8.4%, now owning approximately 15.3 million shares valued at over $3.36 billion, making Amazon the bank's fifth largest position.
• Insider trading activity revealed that CEO Douglas J. Herrington sold 2,500 shares of Amazon stock, while SVP David Zapolsky sold 13,570 shares, leading to significant decreases in their respective ownership stakes.
• Amazon's recent quarterly earnings beat analysts' expectations, reporting $1.68 EPS, and demonstrating a 13.3% year-over-year revenue increase totaling $167.70 billion.

Swedbank AB raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 15,332,684 shares of the e-commerce giant's stock after acquiring an additional 1,186,126 shares during the period. Amazon.com makes up approximately 3.8% of Swedbank AB's holdings, making the stock its 5th biggest position. Swedbank AB owned approximately 0.14% of Amazon.com worth $3,363,838,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bare Financial Services Inc lifted its stake in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock worth $177,000 after purchasing an additional 48 shares during the period. Talisman Wealth Advisors LLC lifted its stake in shares of Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after purchasing an additional 53 shares during the period. Stonekeep Investments LLC lifted its stake in shares of Amazon.com by 0.4% in the 2nd quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant's stock worth $3,030,000 after purchasing an additional 54 shares during the period. SWAN Capital LLC lifted its stake in shares of Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after purchasing an additional 55 shares during the period. Finally, Hamel Associates Inc. lifted its stake in shares of Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after purchasing an additional 55 shares during the period. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer directly owned 518,007 shares of the company's stock, valued at $115,769,384.43. This trade represents a 0.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. This trade represents a 23.53% 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 Trading Down 0.2%

Shares of AMZN opened at $220.21 on Thursday. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a 50 day simple moving average of $227.68 and a two-hundred day simple moving average of $209.83. The firm has a market cap of $2.35 trillion, a P/E ratio of 33.57, a price-to-earnings-growth ratio of 1.47 and a beta of 1.30.

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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the firm posted $1.26 EPS. The company's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley reiterated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, September 10th. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 target price on shares of Amazon.com in a report on Wednesday. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Zacks Research lowered shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of "Buy" and an average price target of $264.04.

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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