Rooted Wealth Advisors Inc. Increases Stock Position in Amazon.com, Inc. $AMZN

Rooted Wealth Advisors Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,568 shares of the e-commerce giant’s stock after buying an additional 2,230 shares during the period. Amazon.com makes up about 1.0% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 26th biggest holding. Rooted Wealth Advisors Inc.’s holdings in Amazon.com were worth $2,828,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Brighton Jones LLC increased its holdings in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after buying an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE raised its stake in Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in Amazon.com during the fourth quarter valued at approximately $2,153,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Roth Capital set a $250.00 price target on Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Telsey Advisory Group restated an “outperform” rating and issued a $265.00 target price on shares of Amazon.com in a report on Wednesday, September 24th. Truist Financial increased their price objective on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, Robert W. Baird raised their price target on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus price target of $264.13.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred 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 $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last three months, insiders have sold 21,770,485 shares of company stock valued at $4,938,795,968. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Up 1.1%

Shares of AMZN opened at $222.17 on Tuesday. The company has a market capitalization of $2.37 trillion, a P/E ratio of 33.87, a PEG ratio of 1.47 and a beta of 1.31. 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, Inc. has a one year low of $161.38 and a one year high of $242.52. The business’s 50 day simple moving average is $227.30 and its 200-day simple moving average is $210.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 EPS. Amazon.com’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict 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.