Amazon.com’s (AMZN) Outperform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Amazon.com (NASDAQ:AMZN) in a research note published on Wednesday,Benzinga reports. Telsey Advisory Group currently has a $265.00 price target on the e-commerce giant’s stock.

Several other equities analysts have also recently weighed in on the company. Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. JPMorgan Chase & Co. upped their price target on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Thursday, September 11th. Finally, BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average price target of $264.04.

Read Our Latest Stock Analysis on AMZN

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $220.21 on Wednesday. The firm has a market capitalization of $2.35 trillion, a PE ratio of 33.57, a P/E/G ratio of 1.47 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $227.68 and a two-hundred day moving average price of $209.83. Amazon.com has a twelve month low of $161.38 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the transaction, the chief executive officer directly owned 518,007 shares of the company’s stock, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors have recently made changes to their positions in AMZN. Barlow Wealth Partners Inc. grew its position in Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after acquiring an additional 44 shares in the last quarter. Ridgecrest Wealth Partners LLC lifted its position in shares of Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after purchasing an additional 45 shares in the last quarter. Probity Advisors Inc. boosted its stake in shares of Amazon.com by 0.4% in the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after purchasing an additional 45 shares during the period. Union Savings Bank grew its holdings in shares of Amazon.com by 0.4% in the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after purchasing an additional 45 shares in the last quarter. Finally, Doheny Asset Management CA grew its holdings in shares of Amazon.com by 0.3% in the second quarter. Doheny Asset Management CA now owns 17,821 shares of the e-commerce giant’s stock valued at $3,910,000 after purchasing an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Company Profile

(Get 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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Analyst Recommendations for Amazon.com (NASDAQ:AMZN)

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