McMill Wealth Management Increases Stake in Amazon.com, Inc. $AMZN

McMill Wealth Management lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,764 shares of the e-commerce giant’s stock after buying an additional 132 shares during the quarter. McMill Wealth Management’s holdings in Amazon.com were worth $716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Castlekeep Investment Advisors LLC bought a new stake in Amazon.com during the fourth quarter worth about $25,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter worth about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the first quarter worth about $42,000. Finally, Harbor Investment Advisory LLC boosted its stake in Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after acquiring an additional 2,145 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.4%

Amazon.com stock opened at $232.33 on Friday. The business has a 50-day simple moving average of $225.74 and a two-hundred day simple moving average of $208.13. The company has a market cap of $2.48 trillion, a P/E ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business 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 business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the 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 directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last 90 days. 9.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMZN has been the topic of several research reports. Robert W. Baird boosted their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $265.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Moffett Nathanson upped their target price on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Finally, Scotiabank upped their target price on shares of Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $262.87.

Amazon.com 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.