Amazon.com, Inc. $AMZN Shares Acquired by Symmetry Partners LLC

Symmetry Partners LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 14.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,788 shares of the e-commerce giant’s stock after purchasing an additional 2,537 shares during the quarter. Amazon.com makes up approximately 0.2% of Symmetry Partners LLC’s portfolio, making the stock its 20th biggest position. Symmetry Partners LLC’s holdings in Amazon.com were worth $4,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MilWealth Group LLC boosted its holdings in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com during the 4th quarter worth $45,000. Elkhorn Partners Limited Partnership lifted its position in Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 180 shares during the last quarter. Fairway Wealth LLC lifted its position in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 108 shares during the last quarter. Finally, Prudent Man Investment Management Inc. boosted its stake in Amazon.com by 87.7% in the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after acquiring an additional 107 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the sale, the chief financial officer directly owned 109,207 shares of the company’s stock, valued at approximately $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 70,589 shares of company stock worth $18,314,015. 8.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AMZN shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $375.00 price objective (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Zacks Research raised Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. BMO Capital Markets reissued an “outperform” rating and issued a $360.00 target price (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, June 18th. Finally, Rosenblatt Securities initiated coverage on Amazon.com in a research report on Thursday, August 20th. They set a “buy” rating and a $335.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $323.09.

Amazon.com Price Performance

Shares of AMZN opened at $254.98 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The firm has a 50-day simple moving average of $252.99 and a 200-day simple moving average of $241.79. The company has a market capitalization of $2.75 trillion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 1.97 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.68 EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Institutional investors are signaling confidence in Amazon’s AI infrastructure opportunity. Stanley Druckenmiller increased Duquesne’s AMZN position more than tenfold, while Philippe Laffont’s Coatue expanded its stake 49%, reinforcing the thesis that AWS will benefit from sustained AI-computing demand. Stanley Druckenmiller Increased Amazon More Than 10-Fold and Opened an AMD Position
• Positive Sentiment: AWS growth, accelerating e-commerce revenue and expanding AI infrastructure investment remain key bullish factors. Analysts continue to see substantial upside, including a reiterated $350 price target, although Amazon’s heavy capital expenditures could pressure near-term cash returns. Amazon Retains Top Pick Status
• Positive Sentiment: Amazon’s new YouTube Shopping partnership allows creators to tag products and earn affiliate commissions, potentially expanding social-commerce traffic and advertising opportunities. Zoox’s expansion into additional U.S. markets also adds a longer-term mobility growth option. How Could Amazon Gain From New Creator Shopping Tools?
• Neutral Sentiment: The Justice Department requested beef-pricing data from Amazon and other major retailers as part of an investigation into meat-industry pricing. Amazon is not accused of wrongdoing in the reports, but the inquiry adds regulatory visibility. DOJ Expands Beef Price Investigation
• Negative Sentiment: The FTC and 22 states allege Amazon manipulated advertising auctions and overcharged roughly 1.2 million advertisers by more than $20 billion. Potential penalties, pricing changes and pressure on the high-margin advertising business are the most immediate downside risks. FTC Sues Amazon, Alleging It Overcharged Advertisers
• Negative Sentiment: Amazon is facing additional workforce friction, including planned corporate job cuts and a one-day Teamsters strike at its large Riverside warehouse. These developments could increase reputational, labor and operating-cost concerns.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.