Amazon.com, Inc. $AMZN Shares Purchased by Solstein Capital LLC

by · The Cerbat Gem

Solstein Capital LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,678 shares of the e-commerce giant’s stock after purchasing an additional 1,257 shares during the period. Amazon.com makes up about 2.8% of Solstein Capital LLC’s holdings, making the stock its 8th largest holding. Solstein Capital LLC’s holdings in Amazon.com were worth $5,633,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC boosted its holdings in Amazon.com by 542,733.6% during the 2nd 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 acquiring an additional 132,616,953 shares during the period. Nuveen LLC purchased a new stake in Amazon.com during the first quarter worth about $11,674,091,000. Goldman Sachs Group Inc. lifted its position in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. lifted 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. Finally, Amundi boosted its stake in shares of Amazon.com by 15.1% in the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after purchasing an additional 7,267,277 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on AMZN. Telsey Advisory Group upped their target price on shares of Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. upped their price objective on Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Stifel Nicolaus increased their price objective on Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 31st. JMP Securities set a $300.00 target price on Amazon.com in a research note on Friday, October 31st. Finally, Pivotal Research upped their price target on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two 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 stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.70.

Read Our Latest Stock Report on Amazon.com

Insiders Place Their Bets

In related news, Director Keith Brian Alexander sold 900 shares of the 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 transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This trade represents a 11.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $232.71, for a total transaction of $1,113,284.64. Following the completion of the sale, the chief executive officer directly owned 498,182 shares of the company’s stock, valued at approximately $115,931,933.22. This trade represents a 0.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 43,357 shares of company stock valued at $10,607,215. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Down 2.5%

Shares of NASDAQ AMZN opened at $217.14 on Friday. The business has a 50-day moving average of $227.92 and a two-hundred day moving average of $221.48. The company has a market capitalization 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. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. The business 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%.The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Profile

(Free Report)

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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