IFS Advisors LLC Buys 76 Shares of Amazon.com, Inc. $AMZN

IFS Advisors LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 412 shares of the e-commerce giant’s stock after buying an additional 76 shares during the quarter. Amazon.com accounts for 0.1% of IFS Advisors LLC’s portfolio, making the stock its 26th largest position. IFS Advisors LLC’s holdings in Amazon.com were worth $90,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Innovative Wealth Building LLC purchased a new stake in Amazon.com during the 2nd quarter valued at $218,000. Fortitude Advisory Group L.L.C. lifted its stake in Amazon.com by 0.9% in the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 28,230 shares of the e-commerce giant’s stock worth $6,193,000 after purchasing an additional 253 shares in the last quarter. IVC Wealth Advisors LLC raised its stake in Amazon.com by 16.3% during the second quarter. IVC Wealth Advisors LLC now owns 3,810 shares of the e-commerce giant’s stock valued at $836,000 after purchasing an additional 534 shares in the last quarter. Beacon Financial Advisory LLC grew its position in Amazon.com by 4.7% in the second quarter. Beacon Financial Advisory LLC now owns 22,489 shares of the e-commerce giant’s stock worth $4,934,000 after acquiring an additional 1,012 shares in the last quarter. Finally, Gemmer Asset Management LLC grew its holdings in Amazon.com by 4.4% during the 2nd quarter. Gemmer Asset Management LLC now owns 16,352 shares of the e-commerce giant’s stock valued at $3,587,000 after purchasing an additional 684 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 1.8%

Shares of AMZN opened at $217.95 on Thursday. The stock’s 50-day moving average price is $225.44 and its 200-day moving average price is $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. The company has a market capitalization of $2.32 trillion, a price-to-earnings ratio of 33.22, a PEG ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

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

Insider Buying and Selling

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 sale, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 97,911 shares of company stock worth $21,765,202 in the last ninety days. 9.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Piper Sandler boosted their price target on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Susquehanna raised their price objective on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Westpark Capital restated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Citigroup restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Three 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price 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.