Amazon.com, Inc. $AMZN Shares Acquired by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,948 shares of the e-commerce giant’s stock after purchasing an additional 1,182 shares during the quarter. Amazon.com accounts for approximately 0.9% of Rehmann Capital Advisory Group’s portfolio, making the stock its 22nd biggest position. Rehmann Capital Advisory Group’s holdings in Amazon.com were worth $15,127,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Kingstone Capital Partners Texas LLC raised its stake in shares of Amazon.com by 542,733.6% in 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 period. Nuveen LLC purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $11,674,091,000. Goldman Sachs Group Inc. increased its holdings in Amazon.com by 21.3% in the 1st 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 last quarter. Vanguard Group Inc. increased its holdings in Amazon.com by 1.1% in 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 purchasing an additional 8,913,959 shares during the last quarter. Finally, Amundi raised its position in Amazon.com by 15.1% in the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after purchasing an additional 7,267,277 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN opened at $234.69 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The stock has a market capitalization of $2.51 trillion, a PE ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. 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 stock has a 50-day simple moving average of $228.70 and a 200-day simple moving average of $220.49.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates 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. On average, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were 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 of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $255.44, for a total transaction of $638,600.00. Following the transaction, the chief executive officer owned 491,007 shares of the company’s stock, valued at approximately $125,422,828.08. The trade was a 0.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 123,300 shares of company stock worth $28,294,038. Corporate insiders own 9.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AMZN shares. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Amazon.com in a research note on Friday, October 31st. Roth Capital raised their target price on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a report on Friday, October 31st. Citigroup lifted their target price on Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Westpark Capital reiterated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $294.15.

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.