Amazon.com, Inc. $AMZN Shares Acquired by Northwest Wealth Management LLC

Northwest Wealth Management LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,657 shares of the e-commerce giant’s stock after purchasing an additional 530 shares during the period. Northwest Wealth Management LLC’s holdings in Amazon.com were worth $4,532,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. Ridgecrest Wealth Partners LLC raised its holdings in shares of Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after buying an additional 45 shares during the period. Bare Financial Services Inc raised its holdings in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after buying an additional 48 shares during the period. Heritage Oak Wealth Advisors LLC raised its holdings in shares of Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock valued at $862,000 after buying an additional 48 shares during the period. Cobblestone Asset Management LLC raised its holdings in shares of Amazon.com by 3.1% during the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock valued at $367,000 after buying an additional 50 shares during the period. Finally, Seek First Inc. raised its holdings in shares of Amazon.com by 0.5% during the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock valued at $2,009,000 after buying an additional 50 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on AMZN shares. Susquehanna raised their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a report on Friday, August 1st. Wedbush reiterated an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a report on Friday, September 19th. Citigroup reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft lifted their price objective on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Finally, Cantor Fitzgerald lifted their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average target price of $266.26.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $220.07 on Tuesday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.35 trillion, a price-to-earnings ratio of 33.55, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. The business has a 50 day simple moving average of $226.10 and a 200-day simple moving average of $212.16.

Amazon.com (NASDAQ:AMZN) last issued its quarterly 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the previous year, the business earned $1.26 EPS. The business’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, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. Corporate insiders own 10.80% of the company’s stock.

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.