Amazon.com, Inc. $AMZN Shares Bought by Avion Wealth

Avion Wealth lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,575 shares of the e-commerce giant’s stock after purchasing an additional 1,243 shares during the quarter. Amazon.com comprises about 0.4% of Avion Wealth’s investment portfolio, making the stock its 26th largest position. Avion Wealth’s holdings in Amazon.com were worth $1,881,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Amazon.com in the 2nd quarter worth about $11,102,000. ARK Investment Management LLC lifted its holdings in shares of Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after purchasing an additional 86,978 shares in the last quarter. Flaharty Asset Management LLC grew its position in shares of Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $514,000. Finally, Border to Coast Pensions Partnership Ltd raised its position in shares of Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after purchasing an additional 63,924 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the subject of several recent research reports. Telsey Advisory Group raised their price target on Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Scotiabank boosted their target price on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 22nd. Evercore ISI raised their price target on shares of Amazon.com from $280.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Finally, Mizuho set a $315.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, November 4th. Two equities research 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 company currently has a consensus rating of “Buy” and an average target price of $294.15.

Amazon.com Trading Down 1.2%

AMZN stock opened at $234.69 on Monday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a market cap of $2.51 trillion, a price-to-earnings ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. 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 business has a fifty day simple moving average of $228.70 and a 200-day simple moving average of $220.98.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’s 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. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s 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 transaction, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 123,300 shares of company stock valued at $28,294,038 over the last quarter. 9.70% of the stock is owned by insiders.

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.