Adamsbrown Wealth Consultants LLC Has $2.25 Million Stock Holdings in Amazon.com, Inc. $AMZN

Adamsbrown Wealth Consultants LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 7.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,250 shares of the e-commerce giant’s stock after purchasing an additional 678 shares during the period. Amazon.com makes up 0.7% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 23rd biggest position. Adamsbrown Wealth Consultants LLC’s holdings in Amazon.com were worth $2,249,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Baker Ellis Asset Management LLC raised its position in Amazon.com by 1.1% in the second quarter. Baker Ellis Asset Management LLC now owns 18,539 shares of the e-commerce giant’s stock worth $4,067,000 after purchasing an additional 205 shares in the last quarter. Atwood & Palmer Inc. raised its position in Amazon.com by 2.7% in the second quarter. Atwood & Palmer Inc. now owns 9,521 shares of the e-commerce giant’s stock worth $2,089,000 after purchasing an additional 251 shares in the last quarter. Advance Capital Management Inc. raised its position in Amazon.com by 4.2% in the second quarter. Advance Capital Management Inc. now owns 10,766 shares of the e-commerce giant’s stock worth $2,362,000 after purchasing an additional 438 shares in the last quarter. Persium Advisors LLC raised its position in Amazon.com by 21.3% in the second quarter. Persium Advisors LLC now owns 4,513 shares of the e-commerce giant’s stock worth $990,000 after purchasing an additional 793 shares in the last quarter. Finally, Prism Advisors Inc. acquired a new position in Amazon.com in the second quarter worth about $219,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 0.1%

Shares of NASDAQ:AMZN opened at $231.48 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company’s fifty day simple moving average is $227.81 and its 200 day simple moving average is $209.42. The firm has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.29, a PEG ratio of 1.54 and a beta of 1.30.

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

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. The trade was a 2.22% 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 over the last quarter. 9.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

AMZN has been the subject of several recent analyst reports. BMO Capital Markets raised their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Robert W. Baird raised their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a report on Wednesday, September 10th. Finally, Monness Crespi & Hardt raised their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Two equities 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. Based on data from MarketBeat.com, the stock has a consensus 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.