Hubbell Strickland Wealth Management LLC Acquires 70 Shares of Amazon.com, Inc. $AMZN

Hubbell Strickland Wealth Management LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,763 shares of the e-commerce giant’s stock after acquiring an additional 70 shares during the quarter. Hubbell Strickland Wealth Management LLC’s holdings in Amazon.com were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ridgecrest Wealth Partners LLC lifted its holdings in 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 valued at $1,843,000 after buying an additional 45 shares during the period. Bare Financial Services Inc raised its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after acquiring an additional 48 shares during the last quarter. Heritage Oak Wealth Advisors LLC boosted its position in shares of Amazon.com by 1.2% in the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after purchasing an additional 48 shares during the last quarter. Cobblestone Asset Management LLC boosted its position in shares of Amazon.com by 3.1% in the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after purchasing an additional 50 shares during the last quarter. Finally, Seek First Inc. grew its stake in shares of Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after purchasing an additional 50 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.8%

NASDAQ:AMZN opened at $217.95 on Thursday. The company has a market cap of $2.32 trillion, a P/E ratio of 33.22, a price-to-earnings-growth ratio of 1.47 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 business has a 50 day moving average price of $225.44 and a two-hundred day moving average price of $213.29. 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 announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS 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 net margin of 10.54% and a return on equity of 23.84%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the transaction, the chief executive officer directly owned 520,507 shares in the company, valued at $115,354,761.34. This trade represents a 1.30% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 97,911 shares of company stock worth $21,765,202. Corporate insiders own 9.70% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of several analyst reports. Wolfe Research boosted their target price on Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research note on Monday. JPMorgan Chase & Co. boosted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Finally, Scotiabank boosted their price target on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 22nd. 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 company. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average price target of $267.27.

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.