Amazon.com, Inc. $AMZN Holdings Increased by Bridges Investment Management Inc.

Bridges Investment Management Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% in the second quarter, Holdings Channel reports. The firm owned 1,472,534 shares of the e-commerce giant’s stock after purchasing an additional 55,688 shares during the period. Amazon.com comprises approximately 4.4% of Bridges Investment Management Inc.’s holdings, making the stock its 3rd biggest position. Bridges Investment Management Inc.’s holdings in Amazon.com were worth $323,059,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AMZN. Vanguard Group Inc. boosted its position in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. Kingstone Capital Partners Texas LLC raised its stake in Amazon.com by 542,733.6% in the second 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 purchasing an additional 132,616,953 shares in the last quarter. Northern Trust Corp lifted its position in Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after purchasing an additional 302,858 shares during the last quarter. Nuveen LLC purchased a new position in Amazon.com in the 1st quarter worth approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock worth $11,461,952,000 after buying an additional 605,415 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $243.04 on Friday. 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 business’s 50 day simple moving average is $227.08 and its two-hundred day simple moving average is $217.89. The stock has a market capitalization of $2.60 trillion, a P/E ratio of 37.05, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter last year, the business earned $1.43 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 128,084 shares of company stock valued at $29,405,457. Company insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. Rosenblatt Securities upped their target price on shares of Amazon.com from $298.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Robert W. Baird set a $285.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Friday, October 31st. Mizuho set a $315.00 price objective on Amazon.com and gave the company an “outperform” rating in a research report on Tuesday. Monness Crespi & Hardt raised their price objective on Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Scotiabank upped their target price on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fifty-four have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $293.17.

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.