QTR Family Wealth LLC Buys 5,503 Shares of Amazon.com, Inc. $AMZN

QTR Family Wealth LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 47.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,201 shares of the e-commerce giant’s stock after acquiring an additional 5,503 shares during the quarter. Amazon.com comprises approximately 2.3% of QTR Family Wealth LLC’s holdings, making the stock its 11th largest holding. QTR Family Wealth LLC’s holdings in Amazon.com were worth $3,774,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AMZN. Ridgecrest Wealth Partners LLC increased its holdings in shares of Amazon.com by 0.5% in the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after acquiring an additional 45 shares in the last quarter. Bare Financial Services Inc boosted its position in Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after purchasing an additional 48 shares during the last quarter. Heritage Oak Wealth Advisors LLC boosted its position in Amazon.com by 1.2% during the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock valued at $862,000 after purchasing an additional 48 shares during the last quarter. Cobblestone Asset Management LLC boosted its position in Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock valued at $367,000 after purchasing an additional 50 shares during the last quarter. Finally, Seek First Inc. boosted its position in Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock valued at $2,009,000 after purchasing an additional 50 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AMZN has been the subject of a number of recent analyst reports. Robert W. Baird raised their price objective on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Morgan Stanley restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. Bank of America raised their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Royal Bank Of Canada raised their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Three equities research 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. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus target price of $266.26.

Amazon.com Trading Down 0.5%

Shares of AMZN stock opened at $214.47 on Friday. The firm 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 twelve month low of $161.38 and a twelve month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock’s fifty day simple moving average is $225.85 and its 200 day simple moving average is $212.38.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other news, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the transaction, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’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 completion of the transaction, the insider directly owned 890,273,469 shares in the company, valued at $202,777,588,034.13. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. 9.70% of the stock is owned by corporate insiders.

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.