GSB Wealth Management LLC Purchases 528 Shares of Amazon.com, Inc. $AMZN

GSB Wealth Management LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,693 shares of the e-commerce giant’s stock after purchasing an additional 528 shares during the quarter. GSB Wealth Management LLC’s holdings in Amazon.com were worth $2,565,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Western Wealth Management LLC boosted its holdings in Amazon.com by 0.9% in the 1st 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 boosted its stake in Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com in the first quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd boosted its position in Amazon.com by 6.0% in 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 buying an additional 63,924 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 2,145 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of recent research reports. Rosenblatt Securities lifted their price target on shares of Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Bank of America lifted their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective on the stock in a research note on Friday, June 27th. Westpark Capital reaffirmed a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, DA Davidson lifted their price objective on Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $265.09.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on 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 directly owned 897,722,088 shares of the company’s stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 20,842,622 shares of company stock worth $4,731,205,179. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Up 0.8%

Shares of Amazon.com stock opened at $222.41 on Friday. The stock has a fifty day simple moving average of $226.79 and a 200 day simple moving average of $210.83. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a market capitalization of $2.37 trillion, a P/E ratio of 33.90, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $161.80 billion. During the same period in the prior year, the firm posted $1.26 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.