Generali Powszechne Towarzystwo Emerytalne Boosts Stock Holdings in Amazon.com, Inc. $AMZN

Generali Powszechne Towarzystwo Emerytalne boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 158.7% during the second quarter, Holdings Channel reports. The firm owned 163,000 shares of the e-commerce giant’s stock after acquiring an additional 100,000 shares during the quarter. Amazon.com makes up about 7.4% of Generali Powszechne Towarzystwo Emerytalne’s investment portfolio, making the stock its 3rd biggest position. Generali Powszechne Towarzystwo Emerytalne’s holdings in Amazon.com were worth $35,761,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Gimbal Financial purchased a new position in Amazon.com during the 2nd quarter valued at $401,000. Coronation Fund Managers Ltd. boosted its stake in shares of Amazon.com by 27.5% during the 2nd quarter. Coronation Fund Managers Ltd. now owns 315,055 shares of the e-commerce giant’s stock valued at $69,120,000 after purchasing an additional 67,892 shares in the last quarter. Smith Thornton Advisors LLC boosted its stake in shares of Amazon.com by 15.7% during the 2nd quarter. Smith Thornton Advisors LLC now owns 5,756 shares of the e-commerce giant’s stock valued at $1,263,000 after purchasing an additional 780 shares in the last quarter. Wallace Advisory Group LLC increased its position in shares of Amazon.com by 0.7% during the second quarter. Wallace Advisory Group LLC now owns 24,646 shares of the e-commerce giant’s stock valued at $5,407,000 after buying an additional 176 shares during the period. Finally, Pacific Sun Financial Corp raised its stake in Amazon.com by 0.7% in the second quarter. Pacific Sun Financial Corp now owns 8,213 shares of the e-commerce giant’s stock worth $1,802,000 after buying an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 2.7%

Shares of NASDAQ AMZN opened at $237.58 on Friday. The firm’s 50 day moving average price is $228.65 and its 200-day moving average price is $220.16. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. 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 company has a market cap of $2.54 trillion, a PE ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The company 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 firm’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated 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 owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 123,300 shares of company stock worth $28,294,038. 9.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. HSBC upped their target price on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Truist Financial set a $290.00 price target on Amazon.com in a research note on Friday, October 31st. Maxim Group raised their price objective on Amazon.com from $272.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Pivotal Research upped their target price on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Wedbush reiterated an “outperform” rating and issued a $340.00 price target on shares of Amazon.com in a research note on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus price target of $294.15.

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.