IFG Advisory LLC Has $10.67 Million Stock Position in Amazon.com, Inc. $AMZN

IFG Advisory LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,090 shares of the e-commerce giant’s stock after purchasing an additional 3,103 shares during the period. IFG Advisory LLC’s holdings in Amazon.com were worth $10,672,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMZN. SPC Financial Inc. lifted its stake in Amazon.com by 9.6% in the 1st quarter. SPC Financial Inc. now owns 24,871 shares of the e-commerce giant’s stock valued at $4,732,000 after purchasing an additional 2,171 shares during the last quarter. TIAA Trust National Association increased its position in shares of Amazon.com by 3.9% during the first quarter. TIAA Trust National Association now owns 825,818 shares of the e-commerce giant’s stock worth $157,120,000 after buying an additional 30,838 shares during the period. Strategic Family Wealth Counselors L.L.C. grew its holdings in Amazon.com by 3.4% in the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 7,737 shares of the e-commerce giant’s stock worth $1,472,000 after purchasing an additional 257 shares during the period. Signature Wealth Management Partners LLC lifted its stake in shares of Amazon.com by 3.2% in the first quarter. Signature Wealth Management Partners LLC now owns 22,182 shares of the e-commerce giant’s stock valued at $4,220,000 after buying an additional 688 shares in the last quarter. Finally, Mullooly Asset Management Inc. bought a new position in shares of Amazon.com in the first quarter valued at $266,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN opened at $229.00 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a market cap of $2.44 trillion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31. The company’s 50 day moving average is $224.66 and its 200 day moving average is $207.80.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The company’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. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’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 sale, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849. Company insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Pivotal Research raised their price target on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Truist Financial lifted their target price on shares of Amazon.com from $226.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Evercore ISI restated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Jefferies Financial Group upped their price target on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Two 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. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $262.87.

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.