Game Plan Financial Advisors LLC Increases Stock Holdings in Amazon.com, Inc. $AMZN

Game Plan Financial Advisors LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 7.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,314 shares of the e-commerce giant’s stock after acquiring an additional 2,556 shares during the quarter. Amazon.com makes up 3.6% of Game Plan Financial Advisors LLC’s holdings, making the stock its 6th largest holding. Game Plan Financial Advisors LLC’s holdings in Amazon.com were worth $7,480,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com during the 1st quarter worth $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com during the 1st quarter worth $42,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Amazon.com during the 1st quarter worth $59,000. Finally, von Borstel & Associates Inc. bought a new position in shares of Amazon.com during the 1st quarter worth $66,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 0.8%

Amazon.com stock opened at $228.15 on Friday. The stock has a 50-day moving average of $226.87 and a two-hundred day moving average of $208.58. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The stock has a market cap of $2.43 trillion, a PE ratio of 34.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 analysts’ expectations of $161.80 billion. During the same period last year, the business posted $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. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Piper Sandler increased their price target on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Jefferies Financial Group increased their price target on Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Susquehanna increased their price target on Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Bank of America upped their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, BMO Capital Markets upped their price objective on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $262.87.

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last 90 days. 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.