Financial Harvest LLC Purchases 72 Shares of Amazon.com, Inc. $AMZN

Financial Harvest LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,638 shares of the e-commerce giant’s stock after purchasing an additional 72 shares during the period. Amazon.com accounts for approximately 0.4% of Financial Harvest LLC’s portfolio, making the stock its 27th largest holding. Financial Harvest LLC’s holdings in Amazon.com were worth $579,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Western Wealth Management LLC grew its holdings in Amazon.com by 0.9% during the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC grew its holdings in Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com during the first quarter valued at $514,000. Border to Coast Pensions Partnership Ltd grew its holdings in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after purchasing an additional 63,924 shares during the period. Finally, McIlrath & Eck LLC grew its holdings in Amazon.com by 8.8% during the fourth quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant’s stock valued at $4,058,000 after purchasing an additional 1,490 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AMZN shares. Wedbush reissued an “outperform” rating and set a $250.00 price objective on shares of Amazon.com in a report on Friday, September 19th. Rosenblatt Securities increased their target price on Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Cantor Fitzgerald increased their target price on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Citigroup restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Mizuho set a $300.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Monday. 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 MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $265.09.

Amazon.com Trading Down 1.2%

NASDAQ AMZN opened at $219.57 on Wednesday. The stock’s 50-day simple moving average is $227.14 and its two-hundred day simple moving average is $210.58. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 33.47, a PEG ratio of 1.48 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the business posted $1.26 earnings per share. The company’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. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 21,770,485 shares of company stock valued at $4,938,795,968 in the last quarter. 10.80% of the stock is currently owned by insiders.

About Amazon.com

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.