Amazon.com, Inc. $AMZN Shares Purchased by Legacy Solutions LLC

Legacy Solutions LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,102 shares of the e-commerce giant’s stock after acquiring an additional 207 shares during the quarter. Legacy Solutions LLC’s holdings in Amazon.com were worth $461,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Wealth Effects LLC increased its position in Amazon.com by 1.6% in the 2nd quarter. Wealth Effects LLC now owns 59,801 shares of the e-commerce giant’s stock valued at $13,120,000 after acquiring an additional 970 shares during the period. TD Private Client Wealth LLC increased its position in Amazon.com by 2.8% in the 2nd quarter. TD Private Client Wealth LLC now owns 162,271 shares of the e-commerce giant’s stock valued at $35,601,000 after acquiring an additional 4,482 shares during the period. Smith & Howard Wealth Management LLC increased its position in Amazon.com by 5.8% in the 2nd quarter. Smith & Howard Wealth Management LLC now owns 4,034 shares of the e-commerce giant’s stock valued at $885,000 after acquiring an additional 220 shares during the period. Mather Group LLC. increased its position in Amazon.com by 13.5% in the 2nd quarter. Mather Group LLC. now owns 69,831 shares of the e-commerce giant’s stock valued at $15,320,000 after acquiring an additional 8,327 shares during the period. Finally, McCarthy & Cox acquired a new stake in Amazon.com in the 2nd quarter valued at approximately $201,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on AMZN. Piper Sandler boosted their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Cantor Fitzgerald boosted their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Wedbush reissued an “outperform” rating and issued a $250.00 price objective on shares of Amazon.com in a research note on Friday, September 19th. Wells Fargo & Company raised Amazon.com from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $245.00 to $280.00 in a research note on Wednesday, September 24th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $266.26.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s 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 $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 20,845,122 shares of company stock valued at $4,731,747,929 in the last quarter. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $219.51 on Friday. The business’s 50-day moving average price is $226.55 and its two-hundred day moving average price is $211.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28.

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 return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.