BostonPremier Wealth LLC Acquires 4,047 Shares of Amazon.com, Inc. $AMZN

BostonPremier Wealth LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 42.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,673 shares of the e-commerce giant’s stock after acquiring an additional 4,047 shares during the quarter. Amazon.com accounts for approximately 1.7% of BostonPremier Wealth LLC’s portfolio, making the stock its 13th largest position. BostonPremier Wealth LLC’s holdings in Amazon.com were worth $3,000,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AMZN. Western Wealth Management LLC lifted its stake in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after buying an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC raised its holdings in shares of Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after acquiring an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com in the 1st quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd boosted its stake in Amazon.com by 6.0% during the 2nd 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 purchasing an additional 63,924 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after purchasing an additional 2,145 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMZN. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. DA Davidson increased their price target on Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Oppenheimer dropped their price objective on Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research note on Friday, August 1st. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Tuesday, July 1st. Finally, Scotiabank increased their target price on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. Three 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $266.26.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. This represents a 2.22% decrease in their position. The sale 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 firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,798,540 shares of company stock valued at $4,273,477,287 in the last ninety days. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

AMZN stock opened at $219.51 on Monday. The firm has a 50 day moving average of $226.55 and a 200-day moving average of $211.24. The firm 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, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. 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 posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the company posted $1.26 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side 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.