Endowment Wealth Management Inc. Has $321,000 Stake in Amazon.com, Inc. $AMZN

Endowment Wealth Management Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,685 shares of the e-commerce giant’s stock after purchasing an additional 56 shares during the quarter. Endowment Wealth Management Inc.’s holdings in Amazon.com were worth $321,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth $25,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the 1st quarter worth $42,000. Finally, Harbor Investment Advisory LLC grew its holdings in shares of Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after purchasing an additional 2,145 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMZN. Jefferies Financial Group increased their target price on Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. BMO Capital Markets raised their price objective on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Moffett Nathanson raised their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research note on Tuesday, June 24th. Evercore ISI reaffirmed an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Barclays lifted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $262.87.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 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 insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $232.33 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.58 and a beta of 1.30. The business’s 50-day moving average price is $225.74 and its 200-day moving average price is $208.13.

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

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.