Beam Wealth Advisors Inc. Has $2.35 Million Stock Position in Amazon.com, Inc. $AMZN

Beam Wealth Advisors Inc. trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,372 shares of the e-commerce giant’s stock after selling 749 shares during the period. Beam Wealth Advisors Inc.’s holdings in Amazon.com were worth $2,354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of AMZN. Talisman Wealth Advisors LLC increased its stake in Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after buying an additional 53 shares in the last quarter. SWAN Capital LLC boosted its stake in shares of Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after purchasing an additional 55 shares during the period. Hamel Associates Inc. boosted its position in Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock valued at $780,000 after buying an additional 55 shares during the period. CWC Advisors LLC. raised its holdings in shares of Amazon.com by 3.1% in the 4th quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant’s stock valued at $411,000 after purchasing an additional 56 shares in the last quarter. Finally, JBGlobal.com LLC raised its stake in shares of Amazon.com by 2.1% during the 1st quarter. JBGlobal.com LLC now owns 2,669 shares of the e-commerce giant’s stock worth $508,000 after acquiring an additional 56 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on AMZN shares. Rosenblatt Securities upped their price target on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research note on Friday, August 1st. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price target on the stock in a report on Friday, June 27th. BMO Capital Markets increased their target price on shares of Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Finally, Cantor Fitzgerald increased their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Two investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $262.87.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 9.70% of the stock is owned by company insiders.

Amazon.com Price Performance

Amazon.com 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 stock has a market capitalization of $2.48 trillion, a P/E ratio of 35.42, a P/E/G ratio of 1.56 and a beta of 1.30. The firm’s 50-day moving average is $225.74 and its two-hundred day moving average is $208.00. 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 posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.