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

Opal Wealth Advisors LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 18.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,161 shares of the e-commerce giant’s stock after buying an additional 2,088 shares during the period. Amazon.com accounts for approximately 0.8% of Opal Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding. Opal Wealth Advisors LLC’s holdings in Amazon.com were worth $2,887,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com during the 4th quarter worth $25,000. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter worth $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter worth $42,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $220.63 on Thursday. The firm has a market cap of $2.35 trillion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The firm’s 50-day simple moving average is $226.99 and its 200-day simple moving average is $210.65. 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 1 year low of $161.38 and a 1 year high of $242.52.

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

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Susquehanna upped their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Westpark Capital reissued a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Barclays upped their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Wolfe Research upped their price objective on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $265.09.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the transaction, the chief executive officer owned 518,007 shares of the company’s stock, valued at approximately $115,769,384.43. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,842,622 shares of company stock valued at $4,731,205,179 over the last quarter. Corporate insiders own 9.70% of the company’s stock.

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.