RDA Financial Network Has $11.29 Million Stock Holdings in Amazon.com, Inc. $AMZN

RDA Financial Network grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,463 shares of the e-commerce giant’s stock after acquiring an additional 981 shares during the quarter. Amazon.com accounts for approximately 3.1% of RDA Financial Network’s holdings, making the stock its 3rd biggest holding. RDA Financial Network’s holdings in Amazon.com were worth $11,291,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in AMZN. Nuveen LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at about $11,674,091,000. GAMMA Investing LLC lifted its position in shares of Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Amazon.com in the fourth quarter valued at about $2,037,963,000. Finally, Vanguard Group Inc. grew its stake in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 in the last 90 days. 9.70% of the stock is owned by company insiders.

Amazon.com Stock Performance

AMZN opened at $231.62 on Thursday. 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, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business has a fifty day simple moving average of $227.51 and a 200-day simple moving average of $209.05. The firm has a market cap of $2.47 trillion, a PE ratio of 35.31, a P/E/G ratio of 1.56 and a beta of 1.30.

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AMZN shares. Robert W. Baird boosted their price target on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Wells Fargo & Company increased their target price on Amazon.com from $238.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Telsey Advisory Group reissued an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. Finally, Stifel Nicolaus lifted their target price on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Two research 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $263.30.

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.