Wills Financial Group LLC Buys New Position in Amazon.com, Inc. $AMZN

Wills Financial Group LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 39,565 shares of the e-commerce giant’s stock, valued at approximately $7,528,000. Amazon.com comprises about 3.3% of Wills Financial Group LLC’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. NBZ Investment Advisors LLC raised its position in Amazon.com by 26.2% in the 1st quarter. NBZ Investment Advisors LLC now owns 1,299 shares of the e-commerce giant’s stock valued at $247,000 after buying an additional 270 shares during the last quarter. Ruffer LLP raised its position in Amazon.com by 50.4% in the 1st quarter. Ruffer LLP now owns 1,305,979 shares of the e-commerce giant’s stock valued at $248,475,000 after buying an additional 437,795 shares during the last quarter. Westfield Capital Management Co. LP raised its position in Amazon.com by 0.6% in the 1st quarter. Westfield Capital Management Co. LP now owns 3,462,676 shares of the e-commerce giant’s stock valued at $658,809,000 after buying an additional 20,428 shares during the last quarter. Accent Capital Management LLC raised its position in Amazon.com by 5.5% in the 1st quarter. Accent Capital Management LLC now owns 54,564 shares of the e-commerce giant’s stock valued at $10,381,000 after buying an additional 2,834 shares during the last quarter. Finally, Seelaus Asset Management LLC raised its position in Amazon.com by 0.5% in the 1st quarter. Seelaus Asset Management LLC now owns 15,151 shares of the e-commerce giant’s stock valued at $2,883,000 after buying an additional 77 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of analyst reports. Jefferies Financial Group upped their price objective on Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an “outperform” rating in a research note on Tuesday, July 1st. Citizens Jmp initiated coverage on Amazon.com in a research note on Thursday, July 10th. They set a “strong-buy” rating on the stock. Scotiabank upped their price objective on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Finally, Wells Fargo & Company upped their price objective on Amazon.com from $238.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Amazon.com has an average rating of “Buy” and a consensus price target of $262.87.

Amazon.com Stock Performance

AMZN opened at $235.68 on Friday. The business has a fifty day simple moving average of $225.56 and a 200 day simple moving average of $208.09. The company has a market capitalization of $2.51 trillion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. 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 released its 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. The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect 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 the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is owned by insiders.

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.