Tevis Investment Management Has $1.05 Million Holdings in Amazon.com, Inc. $AMZN

Tevis Investment Management raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 12.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,799 shares of the e-commerce giant’s stock after buying an additional 518 shares during the period. Tevis Investment Management’s holdings in Amazon.com were worth $1,053,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC increased its holdings in shares of 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 during the last quarter. Nuveen LLC bought a new stake in shares of Amazon.com during the 1st quarter worth about $11,674,091,000. Goldman Sachs Group Inc. boosted its holdings in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after buying an additional 10,176,835 shares during the period. Vanguard Group Inc. grew its stake 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 buying an additional 8,913,959 shares during the last quarter. Finally, Amundi raised its holdings in Amazon.com by 15.1% in the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after acquiring an additional 7,267,277 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the sale, the director owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $233.00, for a total value of $209,700.00. Following the transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This trade represents a 11.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 43,357 shares of company stock valued at $10,607,215 over the last three months. 9.70% of the stock is owned by insiders.

Amazon.com Stock Up 1.6%

AMZN stock opened at $220.69 on Friday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The business has a 50-day simple moving average of $227.77 and a 200 day simple moving average of $221.72. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.36 trillion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating the consensus estimate 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 last year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. Maxim Group boosted their price objective on Amazon.com from $272.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Cowen reissued a “buy” rating on shares of Amazon.com in a report on Friday, October 31st. Canaccord Genuity Group set a $300.00 price objective on Amazon.com and gave the company a “buy” rating in a report on Friday, October 31st. Citizens Jmp lifted their target price on Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a report on Friday, October 31st. Finally, Truist Financial set a $290.00 target price on shares of Amazon.com in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $294.70.

Amazon.com Company 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.