Aaron Wealth Advisors LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,770 shares of the e-commerce giant’s stock after acquiring an additional 3,933 shares during the period. Amazon.com accounts for about 1.3% of Aaron Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. Aaron Wealth Advisors LLC’s holdings in Amazon.com were worth $12,674,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of AMZN. Bare Financial Services Inc raised its holdings in Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares during the period. Talisman Wealth Advisors LLC increased its stake in shares of Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after purchasing an additional 53 shares during the period. SWAN Capital LLC increased its stake in shares of Amazon.com by 3.1% in the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after purchasing an additional 55 shares during the period. Hamel Associates Inc. increased its stake in shares of Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock worth $780,000 after purchasing an additional 55 shares during the period. Finally, Clifford Group LLC increased its stake in shares of Amazon.com by 0.4% in the first quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant’s stock worth $2,589,000 after purchasing an additional 55 shares during the period. Institutional investors own 72.20% of the company’s stock.
Analyst Upgrades and Downgrades
AMZN has been the topic of several recent analyst reports. Citizens Jmp initiated coverage on Amazon.com in a research report on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price on the stock in a research report on Friday, June 27th. Finally, Barclays boosted their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. 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. According to data from MarketBeat, Amazon.com has an average rating of “Buy” and an average price target of $263.30.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, 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 transaction, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction 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 owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% 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 over the last three months. Insiders own 10.80% of the company’s stock.
Amazon.com Price Performance
Shares of AMZN stock opened at $227.63 on Tuesday. The stock’s fifty day moving average is $227.85 and its 200-day moving average is $209.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.43 trillion, a PE ratio of 34.70, a PEG ratio of 1.55 and a beta of 1.31. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.
Amazon.com (NASDAQ:AMZN – Get Free Report) 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 firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than Amazon.com
- Transportation Stocks Investing
- How The Weak Dollar Is Fueling These Global Stock Surges
- What is a penny stock? A comprehensive guide
- 3 Recession-Ready Stocks That Thrive When the Economy Sputters
- Insider Trading – What You Need to Know
- 3 Automation-Focused Stocks Flying Under the Radar
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.