Sterling Investment Advisors Ltd. Acquires 1,808 Shares of Amazon.com, Inc. $AMZN

Sterling Investment Advisors Ltd. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,694 shares of the e-commerce giant’s stock after purchasing an additional 1,808 shares during the quarter. Amazon.com comprises about 3.5% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 2nd largest position. Sterling Investment Advisors Ltd.’s holdings in Amazon.com were worth $15,729,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Northwest Wealth Management LLC lifted its holdings in Amazon.com by 2.6% during the 2nd quarter. Northwest Wealth Management LLC now owns 20,657 shares of the e-commerce giant’s stock worth $4,532,000 after buying an additional 530 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in Amazon.com by 15.1% during the 2nd quarter. Raleigh Capital Management Inc. now owns 12,753 shares of the e-commerce giant’s stock worth $2,798,000 after buying an additional 1,669 shares in the last quarter. Asio Capital LLC lifted its holdings in Amazon.com by 6.2% during the 2nd quarter. Asio Capital LLC now owns 62,023 shares of the e-commerce giant’s stock worth $13,607,000 after buying an additional 3,642 shares in the last quarter. Spartan Planning & Wealth Management lifted its stake in shares of Amazon.com by 92.6% during the second quarter. Spartan Planning & Wealth Management now owns 19,488 shares of the e-commerce giant’s stock valued at $4,275,000 after acquiring an additional 9,369 shares during the period. Finally, LexAurum Advisors LLC lifted its stake in shares of Amazon.com by 8.2% during the second quarter. LexAurum Advisors LLC now owns 26,631 shares of the e-commerce giant’s stock valued at $5,843,000 after acquiring an additional 2,022 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

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

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AMZN. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price target on the stock in a research note on Friday, June 27th. Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Truist Financial upped their price target on Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $266.26.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The transaction 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 stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,864,716 shares of company stock worth $2,486,013,854 over the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

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.