UBS Group Reiterates "Buy" Rating for Amazon.com (NASDAQ:AMZN)

Key Points

• UBS Group has reaffirmed its "Buy" rating for Amazon.com (NASDAQ:AMZN), assigning a target price of $271.00, indicating a potential upside of 24.39%.
• Amazon's recent quarterly earnings surpassed expectations, reporting $1.68 earnings per share, and revenues of $167.70 billion, which was higher than analysts' predictions.
• Insider transactions included CEO Andrew R. Jassy selling 19,872 shares for approximately $4.4 million, reducing his ownership by 0.90% while insiders sold a total of over $630 million in shares in the last 90 days.

Amazon.com (NASDAQ:AMZN)'s stock had its "buy" rating reaffirmed by research analysts at UBS Group in a research note issued on Wednesday,MarketScreener Latest Ratings reports. They presently have a $271.00 target price on the e-commerce giant's stock. UBS Group's price objective points to a potential upside of 24.39% from the company's current price.

AMZN has been the subject of a number of other reports. Royal Bank Of Canada upped their price target on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Bank of America upped their price target on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Telsey Advisory Group restated an "outperform" rating and issued a $265.00 price target on shares of Amazon.com in a research report on Wednesday, September 24th. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a research report on Monday. Finally, Oppenheimer dropped their price target on Amazon.com from $250.00 to $245.00 and set an "outperform" rating for the company in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $267.27.

Amazon.com Price Performance

NASDAQ AMZN traded down $4.17 during trading hours on Wednesday, reaching $217.86. The company's stock had a trading volume of 35,196,192 shares, compared to its average volume of 44,221,387. The firm has a market capitalization of $2.32 trillion, a price-to-earnings ratio of 33.21, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company's 50-day moving average is $225.57 and its two-hundred day moving average is $213.26.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during 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%.Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Amazon.com will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, 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 directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,741,053 shares of company stock valued at $630,824,413 over the last ninety days. 10.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Amazon.com

Several large investors have recently bought and sold shares of the business. Western Wealth Management LLC grew its holdings in shares of Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock worth $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC grew its holdings in shares of Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock worth $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Amazon.com during the first quarter worth about $514,000. Border to Coast Pensions Partnership Ltd grew its holdings in shares of Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant's stock worth $249,295,000 after buying an additional 63,924 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. grew its holdings in shares of Amazon.com by 5.3% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant's stock worth $18,454,000 after buying an additional 4,265 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

About Amazon.com

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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