Amazon.com, Inc. $AMZN Shares Purchased by Meriwether Wealth & Planning LLC

Meriwether Wealth & Planning LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,763 shares of the e-commerce giant’s stock after purchasing an additional 257 shares during the period. Amazon.com comprises 1.1% of Meriwether Wealth & Planning LLC’s holdings, making the stock its 16th biggest holding. Meriwether Wealth & Planning LLC’s holdings in Amazon.com were worth $1,703,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in AMZN. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the first quarter worth approximately $42,000. Finally, Ryan Investment Management Inc. acquired a new stake in shares of Amazon.com during the second quarter worth approximately $48,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction on 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 owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 21,772,985 shares of company stock worth $4,939,346,118 over the last 90 days. Insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 0.7%

NASDAQ:AMZN opened at $219.78 on Monday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company’s 50 day moving average is $227.44 and its 200-day moving average is $210.35. The firm has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.50, a P/E/G ratio of 1.47 and a beta of 1.31. 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 announced its 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 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 quarter in the previous year, the firm posted $1.26 earnings per share. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on AMZN. Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Citizens Jmp began coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Piper Sandler raised their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. DA Davidson raised their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, Robert W. Baird raised their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $264.04.

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.