Geneos Wealth Management Inc. Acquires 46,634 Shares of Amazon.com, Inc. $AMZN

Geneos Wealth Management Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 43.9% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 152,787 shares of the e-commerce giant’s stock after buying an additional 46,634 shares during the quarter. Amazon.com makes up 0.8% of Geneos Wealth Management Inc.’s holdings, making the stock its 17th largest holding. Geneos Wealth Management Inc.’s holdings in Amazon.com were worth $29,069,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the 4th quarter worth $25,000. LSV Asset Management bought a new position in Amazon.com during the 4th quarter valued at about $35,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the 1st quarter worth about $40,000. Finally, Perritt Capital Management Inc grew its stake in Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after acquiring an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN opened at $229.00 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The stock has a market cap of $2.44 trillion, a PE ratio of 34.91, a P/E/G ratio of 1.55 and a beta of 1.31. The firm has a 50-day simple moving average of $224.25 and a two-hundred day simple moving average of $208.10. 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) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the business earned $1.26 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Jefferies Financial Group increased their target price on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. BMO Capital Markets upped their price target on shares of Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Rosenblatt Securities increased their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $262.87.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com 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 completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction 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 $482,712,473.16. This trade represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. 9.70% of the stock is currently owned by company insiders.

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.