Amazon.com, Inc. $AMZN Shares Bought by New York State Teachers Retirement System

New York State Teachers Retirement System boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,936,642 shares of the e-commerce giant’s stock after purchasing an additional 1,030 shares during the period. Amazon.com makes up approximately 3.6% of New York State Teachers Retirement System’s holdings, making the stock its 4th biggest position. New York State Teachers Retirement System’s holdings in Amazon.com were worth $1,741,220,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its stake in Amazon.com by 542,733.6% during 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 purchasing an additional 132,616,953 shares during the period. Nuveen LLC bought a new position in shares of Amazon.com during the 1st quarter worth approximately $11,674,091,000. Goldman Sachs Group Inc. boosted its holdings in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. grew its position 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 worth $158,348,557,000 after buying an additional 8,913,959 shares during the period. Finally, Amundi increased its stake in shares of Amazon.com by 15.1% in the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after acquiring an additional 7,267,277 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research analyst reports. Roth Capital increased their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. KeyCorp raised their target price on Amazon.com from $300.00 to $303.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Benchmark upped their price target on Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Stifel Nicolaus increased their price target on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $293.17.

Amazon.com Trading Down 2.9%

NASDAQ AMZN opened at $243.04 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $227.08 and a 200 day simple moving average of $217.89. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The firm has a market capitalization of $2.60 trillion, a P/E ratio of 37.05, a PEG ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last posted its earnings results 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 firm 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 business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 128,084 shares of company stock worth $29,405,457 in the last ninety days. 9.70% of the stock is owned by corporate 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.