Leverty Financial Group LLC Makes New Investment in Amazon.com, Inc. $AMZN

Leverty Financial Group LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,002 shares of the e-commerce giant’s stock, valued at approximately $220,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its position in shares of Amazon.com by 542,733.6% during the 2nd 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 acquiring an additional 132,616,953 shares during the period. Nuveen LLC bought a new position in shares of Amazon.com during the 1st quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. grew its position in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the period. Vanguard Group Inc. grew its position in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Finally, Amundi grew its position in shares of Amazon.com by 15.1% during the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after acquiring an additional 7,267,277 shares during the period. 72.20% of the stock is owned by institutional investors.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of the 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 transaction, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. This represents a 85.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,864,716 shares of company stock worth $2,486,013,854. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $220.07 on Tuesday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market capitalization of $2.35 trillion, a PE ratio of 33.55, a P/E/G ratio of 1.43 and a beta of 1.28. The company’s 50 day simple moving average is $226.10 and its two-hundred day simple moving average is $212.16.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the company posted $1.26 EPS. The business’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. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Robert W. Baird increased their target price on shares of Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Mizuho set a $300.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a research note on Monday, September 29th. Citigroup restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Wolfe Research upped their price target on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. Three investment 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. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $266.26.

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.