Bartlett & CO. Wealth Management LLC Has $197.58 Million Position in Amazon.com, Inc. $AMZN

Bartlett & CO. Wealth Management LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 900,568 shares of the e-commerce giant’s stock after purchasing an additional 47,244 shares during the period. Amazon.com accounts for 2.8% of Bartlett & CO. Wealth Management LLC’s portfolio, making the stock its 6th largest position. Bartlett & CO. Wealth Management LLC’s holdings in Amazon.com were worth $197,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Ridgecrest Wealth Partners LLC lifted its position in 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 worth $1,843,000 after buying an additional 45 shares in the last quarter. Bare Financial Services Inc lifted its position in Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after buying an additional 48 shares in the last quarter. Heritage Oak Wealth Advisors LLC lifted its position in 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 worth $862,000 after buying an additional 48 shares in the last quarter. Cobblestone Asset Management LLC lifted its position in 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 worth $367,000 after buying an additional 50 shares in the last quarter. Finally, Seek First Inc. lifted its position in Amazon.com by 0.5% during the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $227.77, for a total value of $973,315,191.49. Following the transaction, the insider owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on 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 transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,864,716 shares of company stock worth $2,486,013,854 in the last 90 days. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 0.4%

Shares of AMZN opened at $215.57 on Thursday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market cap of $2.30 trillion, a P/E ratio of 32.86, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. The firm’s 50-day simple moving average is $226.02 and its 200 day simple moving average is $212.21. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the business earned $1.26 EPS. Amazon.com’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, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AMZN shares. Mizuho set a $300.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Monday, September 29th. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Susquehanna boosted their price target on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. BMO Capital Markets boosted their price target on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. 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. According to data from MarketBeat, Amazon.com currently 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.