Jeppson Wealth Management LLC Has $6.44 Million Stake in Amazon.com, Inc. $AMZN

Jeppson Wealth Management LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,339 shares of the e-commerce giant’s stock after selling 108 shares during the period. Amazon.com makes up about 2.2% of Jeppson Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Jeppson Wealth Management LLC’s holdings in Amazon.com were worth $6,437,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. LeConte Wealth Management LLC raised its position in shares of Amazon.com by 42.8% during the 2nd quarter. LeConte Wealth Management LLC now owns 7,586 shares of the e-commerce giant’s stock valued at $1,664,000 after buying an additional 2,275 shares in the last quarter. Floyd Financial Group LLC grew its position in Amazon.com by 0.8% in the second quarter. Floyd Financial Group LLC now owns 21,593 shares of the e-commerce giant’s stock worth $4,824,000 after acquiring an additional 178 shares in the last quarter. Oxinas Partners Wealth Management LLC increased its stake in Amazon.com by 6.7% during the second quarter. Oxinas Partners Wealth Management LLC now owns 31,707 shares of the e-commerce giant’s stock worth $6,956,000 after acquiring an additional 1,995 shares during the last quarter. Avaii Wealth Management LLC raised its position in Amazon.com by 6.8% during the second quarter. Avaii Wealth Management LLC now owns 35,318 shares of the e-commerce giant’s stock valued at $7,748,000 after purchasing an additional 2,249 shares during the period. Finally, Palumbo Wealth Management LLC raised its position in Amazon.com by 31.1% during the second quarter. Palumbo Wealth Management LLC now owns 46,647 shares of the e-commerce giant’s stock valued at $10,234,000 after purchasing an additional 11,077 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.3%

NASDAQ:AMZN opened at $219.51 on Monday. The stock has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $226.55 and a 200 day moving average of $211.24.

Amazon.com (NASDAQ:AMZN) last released its quarterly 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 analyst estimates of $161.80 billion. During the same period in the previous year, the company earned $1.26 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMZN. Citizens Jmp initiated coverage on Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Oppenheimer dropped their price objective on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. HSBC raised their target price on shares of Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Finally, Barclays upped their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and an average price target of $266.26.

Insider Activity

In related 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 value 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 trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,798,540 shares of company stock worth $4,273,477,287. Corporate insiders own 10.80% of the company’s stock.

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.