Patron Partners LLC Purchases 904 Shares of Amazon.com, Inc. $AMZN

Patron Partners LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,414 shares of the e-commerce giant’s stock after buying an additional 904 shares during the period. Amazon.com accounts for approximately 3.0% of Patron Partners LLC’s portfolio, making the stock its 7th biggest holding. Patron Partners LLC’s holdings in Amazon.com were worth $6,014,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. BankPlus Wealth Management LLC increased its position in Amazon.com by 2.6% during the second quarter. BankPlus Wealth Management LLC now owns 4,208 shares of the e-commerce giant’s stock worth $923,000 after buying an additional 108 shares during the period. FORM Wealth Advisors LLC acquired a new position in Amazon.com during the second quarter worth approximately $252,000. Crown Wealth Group LLC increased its position in Amazon.com by 4.2% during the second quarter. Crown Wealth Group LLC now owns 19,034 shares of the e-commerce giant’s stock worth $4,176,000 after buying an additional 772 shares during the period. Legend Financial Advisors Inc. increased its position in Amazon.com by 1.8% during the second quarter. Legend Financial Advisors Inc. now owns 8,138 shares of the e-commerce giant’s stock worth $1,785,000 after buying an additional 142 shares during the period. Finally, A. D. Beadell Investment Counsel Inc. increased its position in Amazon.com by 1.4% during the second quarter. A. D. Beadell Investment Counsel Inc. now owns 15,140 shares of the e-commerce giant’s stock worth $3,321,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 0.4%

Shares of AMZN stock opened at $221.78 on Wednesday. The business’s fifty day moving average price is $226.13 and its 200 day moving average price is $211.48. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The firm has a market capitalization of $2.37 trillion, a PE ratio of 33.81, a P/E/G ratio of 1.48 and a beta of 1.28. 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 (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 analyst estimates of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com’s quarterly revenue 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 forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Rosenblatt Securities increased their price target on Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Westpark Capital reiterated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Scotiabank lifted their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 22nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Three 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 company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average price target of $266.26.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction on Monday, July 21st. The stock was sold at an average price of $227.77, for a total value of $973,315,191.49. Following the sale, the insider owned 890,273,469 shares of the company’s stock, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the sale, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,313,335 shares of company stock worth $4,164,795,815. 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.