Amazon.com, Inc. $AMZN Shares Bought by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 13.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,438 shares of the e-commerce giant’s stock after buying an additional 5,925 shares during the quarter. Amazon.com comprises about 2.3% of San Luis Wealth Advisors LLC’s portfolio, making the stock its 11th biggest holding. San Luis Wealth Advisors LLC’s holdings in Amazon.com were worth $10,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of AMZN. Kingstone Capital Partners Texas LLC lifted its position in 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 valued at $29,100,194,000 after buying an additional 132,616,953 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $11,674,091,000. Goldman Sachs Group Inc. lifted its position in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. Finally, Amundi lifted its position in shares of Amazon.com by 15.1% during the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after purchasing an additional 7,267,277 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $216.37 on Friday. The firm has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a P/E/G ratio of 1.43 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’s 50 day moving average is $225.94 and its two-hundred day moving average is $211.90.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

AMZN has been the topic of several research reports. Robert W. Baird increased their price target on shares of Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Wolfe Research increased their price target on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Zacks Research cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. UBS Group reissued a “buy” rating and set a $271.00 price target (up previously from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Finally, Wedbush reissued an “outperform” rating and set a $250.00 price target on shares of Amazon.com in a research report on Friday, September 19th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $266.26.

Insider Buying and Selling

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm’s stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the transaction, the insider directly owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,040,098 shares of company stock valued at $3,204,129,405 over the last three months. 9.70% of the stock is currently owned by 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.