Amazon.com, Inc. $AMZN Stock Holdings Increased by Journey Advisory Group LLC

Journey Advisory Group LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 23,869 shares of the e-commerce giant’s stock after acquiring an additional 807 shares during the quarter. Journey Advisory Group LLC’s holdings in Amazon.com were worth $5,237,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. raised 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 worth $158,348,557,000 after buying an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its stake in shares of Amazon.com by 542,733.6% during 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 acquiring an additional 132,616,953 shares during the period. Northern Trust Corp raised its holdings 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 worth $18,527,354,000 after purchasing an additional 302,858 shares in the last quarter. Nuveen LLC acquired a new stake in Amazon.com in the first quarter worth approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Amazon.com by 1.0% in the first 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 purchasing an additional 605,415 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMZN has been the topic of a number of research reports. William Blair reissued an “outperform” rating on shares of Amazon.com in a research note on Monday, November 3rd. Deutsche Bank Aktiengesellschaft upped their price target on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Weiss Ratings upgraded shares of Amazon.com from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, November 7th. Raymond James Financial boosted their target price on shares of Amazon.com from $230.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Finally, Telsey Advisory Group raised their target price on shares of Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $294.15.

Amazon.com Stock Down 2.0%

Shares of NASDAQ:AMZN opened at $244.20 on Thursday. The firm has a 50 day simple moving average of $228.61 and a 200 day simple moving average of $220.04. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market cap of $2.61 trillion, a PE ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for 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 company’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 22,000 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $5,500,660.00. Following the sale, the chief executive officer owned 493,507 shares of the company’s stock, valued at $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 128,084 shares of company stock valued at $29,405,457 in the last ninety days. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Profile

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.