Amazon.com, Inc. $AMZN is NRI Wealth Management LC’s 7th Largest Position

NRI Wealth Management LC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,040 shares of the e-commerce giant’s stock after purchasing an additional 543 shares during the period. Amazon.com comprises 3.8% of NRI Wealth Management LC’s portfolio, making the stock its 7th largest position. NRI Wealth Management LC’s holdings in Amazon.com were worth $6,371,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Carderock Capital Management Inc. bought a new position in Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter worth $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. grew its position in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 95 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com 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 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 Securities & Exchange Commission, which can be accessed through this link. Also, VP Shelley Reynolds sold 2,715 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,864,716 shares of company stock valued at $2,486,013,854. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $214.47 on Friday. 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 business has a 50-day moving average of $225.85 and a two-hundred day moving average of $212.38. The stock has a market capitalization of $2.29 trillion, a P/E ratio of 32.69, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. JMP Securities restated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the company an “outperform” rating in a research report on Tuesday, July 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Amazon.com in a research report on Wednesday, October 8th. Cantor Fitzgerald lifted their target price on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Three investment 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 company’s stock. According to MarketBeat.com, Amazon.com has a consensus 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.