Amazon.com, Inc. $AMZN Shares Purchased by Accurate Wealth Management LLC

Accurate Wealth Management LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,075 shares of the e-commerce giant’s stock after buying an additional 1,114 shares during the quarter. Amazon.com makes up approximately 1.5% of Accurate Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Accurate Wealth Management LLC’s holdings in Amazon.com were worth $9,552,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in AMZN. Kingstone Capital Partners Texas LLC grew its holdings in Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares in the last quarter. Nuveen LLC purchased a new position in shares of Amazon.com during the 1st quarter worth $11,674,091,000. GAMMA Investing LLC grew its holdings in shares of Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Amazon.com during the 4th quarter worth $2,037,963,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,845,122 shares of company stock valued at $4,731,747,929. 9.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Citigroup reissued an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Amazon.com in a research report on Saturday, September 27th. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Susquehanna increased their price target on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Three 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $266.26.

Amazon.com Trading Down 1.3%

Shares of NASDAQ AMZN opened at $219.51 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The business has a 50-day moving average price of $226.55 and a two-hundred day moving average price of $211.02. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.34 trillion, a PE ratio of 33.46, a PEG ratio of 1.49 and a beta of 1.28.

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