Amazon.com, Inc. $AMZN Shares Acquired by Boltwood Capital Management

Boltwood Capital Management grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,816 shares of the e-commerce giant’s stock after acquiring an additional 955 shares during the quarter. Amazon.com accounts for approximately 1.0% of Boltwood Capital Management’s holdings, making the stock its 25th largest holding. Boltwood Capital Management’s holdings in Amazon.com were worth $3,689,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Gradient Investments LLC boosted its holdings in Amazon.com by 1.3% in the second quarter. Gradient Investments LLC now owns 550,308 shares of the e-commerce giant’s stock worth $120,732,000 after acquiring an additional 6,949 shares in the last quarter. GK Wealth Management LLC lifted its holdings in shares of Amazon.com by 8.1% during the second quarter. GK Wealth Management LLC now owns 25,453 shares of the e-commerce giant’s stock worth $5,584,000 after purchasing an additional 1,900 shares during the period. Gallacher Capital Management LLC lifted its holdings in shares of Amazon.com by 4.9% during the second quarter. Gallacher Capital Management LLC now owns 2,074 shares of the e-commerce giant’s stock worth $455,000 after purchasing an additional 97 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Amazon.com by 1.5% during the second quarter. Parallel Advisors LLC now owns 385,949 shares of the e-commerce giant’s stock worth $84,673,000 after purchasing an additional 5,630 shares during the period. Finally, Madison Park Capital Advisors LLC lifted its holdings in shares of Amazon.com by 3.2% during the second quarter. Madison Park Capital Advisors LLC now owns 10,947 shares of the e-commerce giant’s stock worth $2,402,000 after purchasing an additional 340 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research reports. Oppenheimer decreased their target price on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price for the company in a report on Friday, June 27th. Royal Bank Of Canada lifted their target price on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a report on Wednesday, September 10th. Two research 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $263.30.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $231.23 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business’s 50 day moving average price is $227.68 and its 200-day moving average price is $209.23. The firm has a market capitalization of $2.47 trillion, a PE ratio of 35.25, a P/E/G ratio of 1.55 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 23.84% and a net margin of 10.54%.The business’s revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com 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 sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, 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. Over the last three months, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 9.70% of the company’s stock.

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.