Robbins Farley Has $7.27 Million Stock Holdings in Amazon.com, Inc. $AMZN

Robbins Farley boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,144 shares of the e-commerce giant’s stock after acquiring an additional 777 shares during the period. Amazon.com makes up approximately 3.4% of Robbins Farley’s investment portfolio, making the stock its 3rd largest holding. Robbins Farley’s holdings in Amazon.com were worth $7,271,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Bluesphere Advisors LLC raised its position in shares of Amazon.com by 16.4% during the second quarter. Bluesphere Advisors LLC now owns 7,657 shares of the e-commerce giant’s stock worth $1,680,000 after purchasing an additional 1,076 shares during the period. Lee Johnson Capital Management LLC increased its stake in Amazon.com by 15.6% during the 2nd quarter. Lee Johnson Capital Management LLC now owns 27,956 shares of the e-commerce giant’s stock worth $6,133,000 after purchasing an additional 3,763 shares in the last quarter. Park Place Capital Corp raised its holdings in Amazon.com by 4.9% during the 2nd quarter. Park Place Capital Corp now owns 29,330 shares of the e-commerce giant’s stock worth $6,466,000 after buying an additional 1,382 shares during the period. Alliance Wealth Advisors LLC raised its holdings in Amazon.com by 6.1% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 7,766 shares of the e-commerce giant’s stock worth $1,704,000 after buying an additional 445 shares during the period. Finally, HCR Wealth Advisors boosted its holdings in shares of Amazon.com by 1.9% in the second quarter. HCR Wealth Advisors now owns 52,338 shares of the e-commerce giant’s stock valued at $11,482,000 after buying an additional 1,001 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Down 1.7%

AMZN opened at $216.39 on Wednesday. The stock’s fifty day simple moving average is $226.16 and its 200 day simple moving average is $212.19. 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 $2.31 trillion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 1.46 and a beta of 1.28. 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 (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’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 business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,864,716 shares of company stock valued at $2,486,013,854. Company insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Piper Sandler raised their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. BMO Capital Markets boosted their price target on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Oppenheimer dropped their target price on Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research report on Friday, August 1st. Finally, Citigroup restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $266.26.

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.