Riversedge Advisors LLC Has $2.09 Million Stake in Amazon.com, Inc. $AMZN

Riversedge Advisors LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 40.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,529 shares of the e-commerce giant’s stock after acquiring an additional 2,745 shares during the period. Riversedge Advisors LLC’s holdings in Amazon.com were worth $2,091,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AMZN. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $25,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the 1st quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC raised its holdings in Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 2,145 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 0.1%

Shares of AMZN opened at $231.48 on Friday. 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 stock has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.29, a P/E/G ratio of 1.55 and a beta of 1.30. The company has a 50-day moving average price of $227.81 and a two-hundred day moving average price of $209.43. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month 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, beating the consensus estimate 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 net margin of 10.54% and a return on equity of 23.84%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction dated Friday, July 11th. The shares were 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 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 Securities & Exchange Commission, which is available at this link. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last 90 days. 9.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Robert W. Baird boosted their price objective on Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, July 1st. Finally, Truist Financial upped their target price on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $263.30.

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.