Amazon.com, Inc. $AMZN Stock Position Increased by Deane Retirement Strategies Inc.

Deane Retirement Strategies Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,044 shares of the e-commerce giant’s stock after buying an additional 395 shares during the quarter. Amazon.com comprises 2.5% of Deane Retirement Strategies Inc.’s holdings, making the stock its 13th biggest position. Deane Retirement Strategies Inc.’s holdings in Amazon.com were worth $5,499,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Farther Finance Advisors LLC lifted its stake in Amazon.com by 16.5% during the second quarter. Farther Finance Advisors LLC now owns 237,989 shares of the e-commerce giant’s stock valued at $52,213,000 after purchasing an additional 33,678 shares during the last quarter. Great Waters Wealth Management increased its position in shares of Amazon.com by 1.8% in the second quarter. Great Waters Wealth Management now owns 6,117 shares of the e-commerce giant’s stock worth $1,342,000 after acquiring an additional 107 shares in the last quarter. Vantage Wealth increased its position in shares of Amazon.com by 3.0% in the second quarter. Vantage Wealth now owns 97,554 shares of the e-commerce giant’s stock worth $21,402,000 after acquiring an additional 2,867 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of Amazon.com by 3.7% in the second quarter. Silver Oak Securities Incorporated now owns 60,038 shares of the e-commerce giant’s stock worth $13,172,000 after acquiring an additional 2,119 shares in the last quarter. Finally, CX Institutional increased its position in shares of Amazon.com by 18.4% in the second quarter. CX Institutional now owns 137,220 shares of the e-commerce giant’s stock worth $30,105,000 after acquiring an additional 21,278 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have sold 21,772,985 shares of company stock valued at $4,939,346,118. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $219.78 on Monday. The stock has a market cap of $2.34 trillion, a P/E ratio of 33.50, a PEG ratio of 1.47 and a beta of 1.31. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a fifty day moving average price of $227.44 and a 200 day moving average price of $210.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMZN has been the topic of several analyst reports. Cantor Fitzgerald lifted their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Truist Financial boosted their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Roth Capital set a $250.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research report on Tuesday, July 8th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Buy” and a consensus target price 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.