IronOak Wealth LLC. Purchases Shares of 17,292 Amazon.com, Inc. $AMZN

IronOak Wealth LLC. acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,292 shares of the e-commerce giant’s stock, valued at approximately $3,794,000. Amazon.com comprises about 3.7% of IronOak Wealth LLC.’s portfolio, making the stock its 4th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the fourth quarter worth about $25,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter valued at approximately $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter worth approximately $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com in the first quarter worth approximately $42,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $220.63 on Thursday. The company has a fifty day moving average of $226.99 and a two-hundred day moving average of $210.65. The stock has a market capitalization of $2.35 trillion, a PE ratio of 33.63, a P/E/G ratio of 1.47 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the business earned $1.26 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated 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 completion of the transaction, the insider owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 20,842,622 shares of company stock worth $4,731,205,179 over the last ninety days. Company insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Robert W. Baird increased their price target on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Stifel Nicolaus lifted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, September 10th. HSBC boosted their price target on shares of Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday. Finally, BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Three research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $265.09.

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.