Great Waters Wealth Management Grows Position in Amazon.com, Inc. $AMZN

Great Waters Wealth Management grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,117 shares of the e-commerce giant’s stock after purchasing an additional 107 shares during the quarter. Great Waters Wealth Management’s holdings in Amazon.com were worth $1,342,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AMZN. Kingstone Capital Partners Texas LLC lifted its stake in Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after acquiring an additional 132,616,953 shares during the period. Nuveen LLC purchased a new stake in Amazon.com in the first quarter worth $11,674,091,000. GAMMA Investing LLC lifted its stake in Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after acquiring an additional 30,104,520 shares during the period. Goldman Sachs Group Inc. lifted its stake in Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Amazon.com in the fourth quarter worth $2,037,963,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMZN shares. Truist Financial raised their price target on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Stifel Nicolaus raised their price objective on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. UBS Group reissued a “buy” rating and set a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Piper Sandler raised their price objective on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Evercore ISI reissued an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $264.04.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $219.78 on Monday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business has a fifty day moving average price of $227.44 and a 200-day moving average price of $210.35. The company has a market capitalization of $2.34 trillion, a PE ratio of 33.50, a PEG ratio of 1.47 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the company earned $1.26 EPS. Amazon.com’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. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated 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 sale, the chief executive officer 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. Insiders sold 21,772,985 shares of company stock worth $4,939,346,118 in the last three months. 10.80% of the stock is currently owned by company insiders.

Amazon.com Company 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.