Amazon.com, Inc. $AMZN is Eagle Wealth Strategies LLC’s 7th Largest Position

Eagle Wealth Strategies LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,533 shares of the e-commerce giant’s stock after buying an additional 55 shares during the quarter. Amazon.com comprises 2.3% of Eagle Wealth Strategies LLC’s investment portfolio, making the stock its 7th biggest holding. Eagle Wealth Strategies LLC’s holdings in Amazon.com were worth $4,066,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Kingstone Capital Partners Texas LLC raised its position in Amazon.com by 542,733.6% in 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 purchasing an additional 132,616,953 shares during the last quarter. Nuveen LLC purchased a new stake in Amazon.com during the 1st quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. lifted its position in 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 worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the period. Vanguard Group Inc. lifted its position in 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 worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Finally, Amundi grew its position in Amazon.com by 15.1% in the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after buying an additional 7,267,277 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Down 1.7%

Shares of AMZN opened at $216.39 on Wednesday. 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 firm has a 50 day simple moving average of $226.16 and a 200-day simple moving average of $212.19. The stock has a market cap of $2.31 trillion, a price-to-earnings ratio of 32.99, a price-to-earnings-growth ratio of 1.46 and a beta of 1.28.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on AMZN. Wolfe Research upped their price objective on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Westpark Capital reissued a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Piper Sandler increased their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $266.26.

Insider Buying and Selling at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction that occurred 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 owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares of the company’s stock, valued at $111,916,569.70. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,864,716 shares of company stock valued at $2,486,013,854. Corporate insiders own 10.80% 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.