WealthPLAN Partners LLC Boosts Stock Holdings in Amazon.com, Inc. $AMZN

WealthPLAN Partners LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 65,056 shares of the e-commerce giant’s stock after buying an additional 726 shares during the quarter. Amazon.com makes up 1.7% of WealthPLAN Partners LLC’s portfolio, making the stock its 10th biggest position. WealthPLAN Partners LLC’s holdings in Amazon.com were worth $12,378,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Western Wealth Management LLC lifted its position in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter valued at about $514,000. Bearing Point Capital LLC bought a new stake in Amazon.com in the 4th quarter valued at about $12,014,000. Evergreen Capital Management LLC lifted its position in Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant’s stock valued at $53,213,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Keyvantage Wealth LLC bought a new stake in Amazon.com in the 4th quarter valued at about $2,735,000. 72.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research analyst reports. Cantor Fitzgerald raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. UBS Group reissued a “buy” rating and set a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Royal Bank Of Canada raised their target price on shares of Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Monness Crespi & Hardt raised their target price on shares of Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Roth Capital set a $250.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $262.87.

Amazon.com Stock Performance

Shares of AMZN opened at $232.33 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a 50-day moving average of $225.74 and a two-hundred day moving average of $208.00. The stock has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.56 and a beta of 1.30. 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, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com 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 of the company’s stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last 90 days. Company insiders own 9.70% of the company’s stock.

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.