Boyum Wealth Architects LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 17.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,613 shares of the e-commerce giant’s stock after acquiring an additional 240 shares during the period. Boyum Wealth Architects LLC’s holdings in Amazon.com were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the stock. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at about $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter valued at about $42,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Amazon.com during the first quarter worth about $59,000. Finally, von Borstel & Associates Inc. bought a new position in shares of Amazon.com during the first quarter valued at approximately $66,000. Institutional investors own 72.20% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 518,007 shares of the company’s stock, valued at $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 10.80% of the company’s stock.
Amazon.com Trading Up 0.1%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The business’s revenue for the quarter 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 earnings per share for the current year.
Analyst Ratings Changes
Several research analysts have issued reports on AMZN shares. Susquehanna lifted their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” 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. DA Davidson lifted their price target on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Oppenheimer cut their target price on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $263.30.
Get Our Latest Stock Analysis on AMZN
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.
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