953 Shares in Amazon.com, Inc. $AMZN Acquired by Luminvest Wealth Management LLC

Luminvest Wealth Management LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 953 shares of the e-commerce giant’s stock, valued at approximately $209,000.

Other large investors have also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the 1st quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. increased its position in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Down 5.0%

AMZN stock opened at $216.37 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The stock has a market capitalization of $2.31 trillion, a PE ratio of 32.98, a price-to-earnings-growth ratio of 1.51 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a fifty day moving average of $225.94 and a 200-day moving average of $211.82.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on AMZN shares. Mizuho set a $300.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research report on Monday, September 29th. Cantor Fitzgerald increased their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective on the stock in a research report on Friday, June 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of Amazon.com in a research report on Wednesday. Finally, JMP Securities reissued a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $266.26.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% 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 stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,040,098 shares of company stock worth $3,204,129,405. Insiders own 9.70% of the company’s stock.

Amazon.com Company 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.