Free Trial

Teachers Retirement System of The State of Kentucky Acquires 54,426 Shares of Amazon.com, Inc. $AMZN

Amazon.com logo with Retail/Wholesale background

Teachers Retirement System of The State of Kentucky lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,721,811 shares of the e-commerce giant's stock after buying an additional 54,426 shares during the quarter. Amazon.com makes up 3.0% of Teachers Retirement System of The State of Kentucky's portfolio, making the stock its 4th biggest position. Teachers Retirement System of The State of Kentucky's holdings in Amazon.com were worth $327,592,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after buying an additional 17,635,391 shares during the last quarter. FMR LLC lifted its position in shares of Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after buying an additional 1,725,664 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Amazon.com by 2.5% in 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 buying an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Amazon.com by 2.3% in 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 buying an additional 4,087,933 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Amazon.com in the 4th quarter worth about $27,266,582,000. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm'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 transaction of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 25,012,284 shares of company stock worth $5,656,976,492 in the last quarter. 9.70% of the stock is owned by company insiders.

Amazon.com Price Performance

Amazon.com stock traded down $2.0240 during trading hours on Thursday, hitting $221.7860. 7,977,290 shares of the company traded hands, compared to its average volume of 44,421,125. The firm's 50-day simple moving average is $222.12 and its two-hundred day simple moving average is $208.46. The firm has a market cap of $2.37 trillion, a P/E ratio of 33.89, a P/E/G ratio of 1.54 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. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business earned $1.26 earnings per share. The business's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus raised their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Needham & Company LLC reaffirmed a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. UBS Group reaffirmed a "buy" rating and issued a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Finally, Scotiabank increased their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a report on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Amazon.com has an average rating of "Buy" and a consensus price target of $262.87.

Check Out Our Latest Analysis on Amazon.com

Amazon.com Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Should You Invest $1,000 in Amazon.com Right Now?

Before you consider Amazon.com, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.

While Amazon.com currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines