Amazon.com, Inc. $AMZN Shares Bought by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,782 shares of the e-commerce giant’s stock after purchasing an additional 510 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in Amazon.com were worth $610,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Kingstone Capital Partners Texas LLC increased its stake in shares of Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares during the last quarter. Nuveen LLC purchased a new stake in Amazon.com in the first quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. grew its holdings in Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Vanguard Group Inc. increased its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the last quarter. Finally, Amundi raised its stake in Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after purchasing an additional 7,267,277 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 128,984 shares of company stock worth $29,617,023 over the last quarter. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Down 4.4%

Shares of NASDAQ:AMZN opened at $222.55 on Wednesday. The company has a market capitalization of $2.38 trillion, a price-to-earnings ratio of 33.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a 50 day moving average of $228.33 and a two-hundred day moving average of $221.51. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. 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) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 earnings per share. Amazon.com has set its Q4 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.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. President Capital upped their price objective on Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. CICC Research upped their price target on Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 5th. Evercore ISI lifted their price objective on Amazon.com from $280.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. UBS Group set a $310.00 target price on Amazon.com in a report on Friday, October 31st. Finally, Robert W. Baird set a $285.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $294.70.

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.