Midwest Financial Group LLC Buys 1,863 Shares of Amazon.com, Inc. $AMZN

Midwest Financial Group LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 33.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,390 shares of the e-commerce giant’s stock after acquiring an additional 1,863 shares during the quarter. Midwest Financial Group LLC’s holdings in Amazon.com were worth $1,621,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Western Wealth Management LLC lifted its stake in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC raised its position in Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com in the first quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd raised its position in Amazon.com by 6.0% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after purchasing an additional 63,924 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. raised its position in Amazon.com by 5.3% in the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant’s stock valued at $18,454,000 after purchasing an additional 4,265 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,864,716 shares of company stock worth $2,486,013,854 over the last ninety days. 9.70% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on AMZN shares. DA Davidson raised their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a report on Friday, August 1st. 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Amazon.com in a research note on Wednesday, October 8th. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Finally, Wedbush reaffirmed an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, September 19th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $266.26.

Get Our Latest Stock Analysis on AMZN

Amazon.com Stock Performance

AMZN stock opened at $215.57 on Thursday. The firm has a market cap of $2.30 trillion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. The stock has a 50-day moving average price of $226.02 and a 200-day moving average price of $212.21. 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.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its 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 business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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