WealthCare Investment Partners LLC Cuts Stock Position in Amazon.com, Inc. $AMZN

WealthCare Investment Partners LLC cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,209 shares of the e-commerce giant’s stock after selling 71 shares during the quarter. WealthCare Investment Partners LLC’s holdings in Amazon.com were worth $717,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Western Wealth Management LLC increased its holdings in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC lifted its position in Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter valued at approximately $514,000. Colonial Trust Co SC grew its stake in shares of Amazon.com by 5.9% in the fourth quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant’s stock valued at $13,399,000 after buying an additional 3,413 shares in the last quarter. Finally, McIlrath & Eck LLC increased its stake in Amazon.com by 8.8% during the fourth quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock worth $4,058,000 after purchasing an additional 1,490 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent research reports. Rosenblatt Securities lifted their target price on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a report on Friday, August 1st. Evercore ISI restated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Citizens Jmp assumed coverage on shares of Amazon.com in a report on Thursday, July 10th. They issued a “strong-buy” rating on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 price target on shares of Amazon.com in a research note on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus price target of $263.30.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $231.48 on Friday. The company has a market cap of $2.47 trillion, a P/E ratio of 35.29, a P/E/G ratio of 1.55 and a beta of 1.30. The business has a fifty day simple moving average of $227.81 and a 200-day simple moving average of $209.43. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week 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.

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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company earned $1.26 EPS. 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. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock valued at $5,676,032,574 in the last quarter. Insiders own 9.70% of the company’s stock.

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.