Retirement Guys Formula LLC Buys 745 Shares of Amazon.com, Inc. $AMZN

Retirement Guys Formula LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,712 shares of the e-commerce giant’s stock after buying an additional 745 shares during the period. Retirement Guys Formula LLC’s holdings in Amazon.com were worth $2,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of AMZN. Kingstone Capital Partners Texas LLC increased its holdings in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Nuveen LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at approximately $11,674,091,000. GAMMA Investing LLC increased its stake in 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 in the last quarter. Goldman Sachs Group Inc. raised its holdings in 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 buying an additional 10,176,835 shares during the period. Finally, Vanguard Group Inc. lifted its stake in Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Canaccord Genuity Group restated a “buy” rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Roth Capital set a $250.00 price target on Amazon.com and gave the company a “buy” rating in a research note on Tuesday, July 8th. Wolfe Research increased their price objective on Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. Finally, Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $266.26.

Insider Activity

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president directly owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares of the company’s stock, valued at $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,798,540 shares of company stock valued at $4,273,477,287. Company insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 1.3%

Shares of NASDAQ:AMZN opened at $219.51 on Monday. The business’s 50 day simple moving average is $226.55 and its 200 day simple moving average is $211.24. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.47 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during 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 was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS 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.