Brian Low Financial Group LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, HoldingsChannel.com reports. The firm bought 4,423 shares of the e-commerce giant’s stock, valued at approximately $970,000. Amazon.com makes up about 0.9% of Brian Low Financial Group LLC’s holdings, making the stock its 25th biggest holding.
Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Vanguard Group Inc. grew its stake 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 purchasing an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC boosted 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 worth $29,100,194,000 after buying an additional 132,616,953 shares during the last quarter. Northern Trust Corp grew 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 buying an additional 302,858 shares during the period. Nuveen LLC purchased a new stake in Amazon.com during the first quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised 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 acquiring an additional 605,415 shares during the period. 72.20% of the stock is owned by institutional investors.
Insider Transactions at Amazon.com
In related news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction on Monday, November 17th. The shares were sold at an average price of $233.00, for a total value of $209,700.00. Following the sale, the director directly owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 128,984 shares of company stock valued at $29,617,023 in the last ninety days. Corporate insiders own 10.80% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on AMZN
Amazon.com Stock Down 4.4%
Shares of AMZN opened at $222.55 on Wednesday. The firm has a market capitalization of $2.38 trillion, a P/E ratio of 33.93, a P/E/G ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The firm has a fifty day moving average price of $228.33 and a 200-day moving average price of $221.51. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
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.
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