New York State Teachers Retirement System Has $1.74 Billion Stake in Amazon.com, Inc. $AMZN

New York State Teachers Retirement System increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,936,642 shares of the e-commerce giant’s stock after acquiring an additional 1,030 shares during the quarter. Amazon.com comprises about 3.6% of New York State Teachers Retirement System’s investment portfolio, making the stock its 4th largest holding. New York State Teachers Retirement System owned approximately 0.07% of Amazon.com worth $1,741,220,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Carderock Capital Management Inc. acquired a new stake in Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the 1st quarter worth $42,000. Finally, Maryland Capital Advisors Inc. grew its holdings in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $243.04 on Friday. The firm has a market capitalization of $2.60 trillion, a price-to-earnings ratio of 37.05, a PEG ratio of 1.52 and a beta of 1.29. 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’s 50-day moving average price is $227.08 and its 200-day moving average price is $217.89. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the prior year, the firm posted $1.43 earnings per share. The firm’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on AMZN. Telsey Advisory Group upped their price objective on shares of Amazon.com from $265.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. President Capital boosted their target price on shares of Amazon.com from $280.00 to $320.00 and gave the company a “buy” rating in a research report on Tuesday. KeyCorp upped their price target on shares of Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Wolfe Research increased their price target on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Finally, Barclays reissued an “overweight” rating and issued a $300.00 price objective (up from $275.00) on shares of Amazon.com in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $293.17.

Insider Activity

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 128,084 shares of company stock valued at $29,405,457. 9.70% of the stock is currently owned by company insiders.

About Amazon.com

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.