Banco Santander S.A. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,164,777 shares of the e-commerce giant’s stock after buying an additional 93,245 shares during the quarter. Amazon.com comprises approximately 2.4% of Banco Santander S.A.’s portfolio, making the stock its 6th biggest position. Banco Santander S.A.’s holdings in Amazon.com were worth $255,540,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com during the second quarter worth about $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the first quarter valued at approximately $36,000. Maryland Capital Advisors Inc. lifted its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. Ryan Investment Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter worth approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Amazon.com in the 1st quarter worth approximately $59,000. Institutional investors own 72.20% of the company’s stock.
Amazon.com Price Performance
NASDAQ AMZN opened at $217.14 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The stock has a 50-day moving average of $227.92 and a 200 day moving average of $221.48. 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 capitalization of $2.32 trillion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.52 and a beta of 1.29.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results 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. The business 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 for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.
Insider Activity at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the sale, the chief executive officer directly owned 493,507 shares in the company, valued at approximately $123,391,555.21. The trade was a 4.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 in the company, valued at $1,670,610. The trade was a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,357 shares of company stock worth $10,607,215 over the last quarter. Company insiders own 10.80% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have issued reports on AMZN shares. Sanford C. Bernstein set a $300.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. Morgan Stanley reissued an “overweight” rating and issued a $315.00 target price (up from $300.00) on shares of Amazon.com in a research note on Friday, October 31st. Arete lifted their price target on Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. William Blair reiterated an “outperform” rating on shares of Amazon.com in a research note on Monday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $294.70.
View Our Latest Analysis on Amazon.com
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.
See Also
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