Bell Bank Has $14.49 Million Stock Position in Amazon.com, Inc. $AMZN

Bell Bank grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,032 shares of the e-commerce giant’s stock after acquiring an additional 226 shares during the period. Amazon.com accounts for 0.7% of Bell Bank’s holdings, making the stock its 17th largest position. Bell Bank’s holdings in Amazon.com were worth $14,487,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of AMZN. Carderock Capital Management Inc. bought a new position in shares of Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the first quarter worth $42,000. Finally, Ryan Investment Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth $48,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on AMZN. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. UBS Group restated a “buy” rating and issued a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Tuesday, July 8th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $264.04.

Amazon.com Price Performance

AMZN stock opened at $219.78 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm’s fifty day moving average is $227.44 and its 200 day moving average is $210.23. The firm has a market cap of $2.34 trillion, a P/E ratio of 33.50, a P/E/G ratio of 1.47 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the firm earned $1.26 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the sale, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have sold 21,997,911 shares of company stock worth $4,989,630,574. 9.70% of the stock is currently owned by company insiders.

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.