Amazon.com, Inc. $AMZN Shares Bought by Rainey & Randall Wealth Advisors Inc.

Rainey & Randall Wealth Advisors Inc. lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,899 shares of the e-commerce giant’s stock after acquiring an additional 351 shares during the quarter. Amazon.com comprises about 0.2% of Rainey & Randall Wealth Advisors Inc.’s investment portfolio, making the stock its 25th biggest holding. Rainey & Randall Wealth Advisors Inc.’s holdings in Amazon.com were worth $1,294,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Carderock Capital Management Inc. acquired a new position in Amazon.com in the second quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com in the first quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. grew its position in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Down 0.7%

Shares of NASDAQ:AMZN opened at $213.04 on Friday. The firm has a fifty day moving average of $225.66 and a two-hundred day moving average of $212.64. The firm has a market capitalization of $2.27 trillion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-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.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares of the company’s stock, valued at approximately $111,916,569.70. The trade was a 0.48% 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. 9.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AMZN shares. Sanford C. Bernstein set a $235.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. 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. JMP Securities restated a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Evercore ISI restated an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Zacks Research lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $266.26.

About Amazon.com

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.