Motive Wealth Advisors Purchases 1,402 Shares of Amazon.com, Inc. $AMZN

Motive Wealth Advisors raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 15.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,533 shares of the e-commerce giant’s stock after purchasing an additional 1,402 shares during the period. Amazon.com accounts for 1.1% of Motive Wealth Advisors’ investment portfolio, making the stock its 22nd biggest position. Motive Wealth Advisors’ holdings in Amazon.com were worth $2,311,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Global Wealth Management LLC boosted its holdings in Amazon.com by 1.8% in the 2nd quarter. Global Wealth Management LLC now owns 4,450 shares of the e-commerce giant’s stock valued at $1,004,000 after purchasing an additional 80 shares during the period. Retirement Guys Formula LLC boosted its holdings in Amazon.com by 7.5% in the 2nd quarter. Retirement Guys Formula LLC now owns 10,712 shares of the e-commerce giant’s stock valued at $2,350,000 after purchasing an additional 745 shares during the period. LeConte Wealth Management LLC boosted its holdings in Amazon.com by 42.8% in 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 purchasing an additional 2,275 shares during the period. Floyd Financial Group LLC boosted its holdings in Amazon.com by 0.8% in the 2nd quarter. Floyd Financial Group LLC now owns 21,593 shares of the e-commerce giant’s stock valued at $4,824,000 after purchasing an additional 178 shares during the period. Finally, Oxinas Partners Wealth Management LLC boosted its holdings in Amazon.com by 6.7% in the 2nd quarter. Oxinas Partners Wealth Management LLC now owns 31,707 shares of the e-commerce giant’s stock valued at $6,956,000 after purchasing an additional 1,995 shares during the period. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

AMZN stock opened at $220.90 on Tuesday. The firm’s 50-day moving average price is $226.31 and its two-hundred day moving average price is $211.41. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The stock has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.67, a PEG ratio of 1.47 and a beta of 1.28. 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 released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous year, the company earned $1.26 earnings per share. The company’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, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMZN. UBS Group reaffirmed a “buy” rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Citizens Jmp began coverage on shares of Amazon.com in a report on Thursday, July 10th. They set a “strong-buy” rating for the company. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. JPMorgan Chase & Co. lifted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Monness Crespi & Hardt lifted their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Three investment 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 company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $266.26.

Insider Buying and Selling at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the sale, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,697,459 shares of company stock worth $4,250,847,273. 10.80% of the stock is currently owned by company insiders.

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.