Savoir Faire Capital Management L.P. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 81.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 55,101 shares of the e-commerce giant’s stock after purchasing an additional 24,680 shares during the period. Amazon.com makes up about 5.8% of Savoir Faire Capital Management L.P.’s holdings, making the stock its largest position. Savoir Faire Capital Management L.P.’s holdings in Amazon.com were worth $12,089,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also modified their holdings of AMZN. Kingstone Capital Partners Texas LLC increased its position 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 buying an additional 132,616,953 shares in the last quarter. Nuveen LLC acquired a new stake in Amazon.com during the first quarter worth approximately $11,674,091,000. Goldman Sachs Group Inc. grew its position in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Vanguard Group Inc. grew its holdings 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 period. Finally, Amundi increased its position in Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after purchasing an additional 7,267,277 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. Wedbush restated an “outperform” rating and issued a $340.00 price objective on shares of Amazon.com in a report on Monday, November 3rd. BMO Capital Markets restated an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research note on Friday, October 31st. Pivotal Research upped their target price on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $250.00 price objective on shares of Amazon.com in a report on Tuesday, November 18th. Finally, Rothschild Redb cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $295.78.
Amazon.com Trading Up 1.5%
Shares of Amazon.com stock opened at $229.67 on Wednesday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. 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 $227.58 and a 200-day simple moving average of $222.71. The firm has a market cap of $2.46 trillion, a price-to-earnings ratio of 35.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.
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 (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total value of $280,316.57. Following the completion of the sale, the director owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the sale, the chief executive officer owned 6,273 shares of the company’s stock, valued at approximately $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,234 shares of company stock valued at $19,052,442 over the last three months. 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.
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