Amazon.com, Inc. $AMZN is OVERSEA CHINESE BANKING Corp Ltd’s 6th Largest Position

OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 27.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 529,054 shares of the e-commerce giant’s stock after buying an additional 115,234 shares during the quarter. Amazon.com makes up 3.2% of OVERSEA CHINESE BANKING Corp Ltd’s holdings, making the stock its 6th largest holding. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Amazon.com were worth $115,769,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AMZN. Vanguard Group Inc. grew its position in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its holdings in 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 worth $29,100,194,000 after purchasing an additional 132,616,953 shares in the last quarter. Northern Trust Corp boosted its stake in Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the period. Nuveen LLC purchased a new stake in Amazon.com during the 1st quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Amazon.com by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after buying an additional 605,415 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the sale, the chief executive officer owned 498,182 shares of the company’s stock, valued at $115,931,933.22. This trade represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the transaction, the director owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This trade represents a 9.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 43,357 shares of company stock worth $10,607,215. 10.80% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $217.14 on Friday. The stock has a market cap of $2.32 trillion, a price-to-earnings ratio of 33.10, a price-to-earnings-growth 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 moving average price of $227.92 and a 200-day moving average price of $221.48. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for 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%.Amazon.com’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. President Capital upped their target price on shares of Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. JMP Securities set a $300.00 price objective on shares of Amazon.com in a report on Friday, October 31st. Wells Fargo & Company raised their price objective on Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Wedbush reiterated an “outperform” rating and issued a $340.00 target price on shares of Amazon.com in a research report on Monday, November 3rd. Finally, Citigroup increased their price target on Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $294.70.

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.