Eads & Heald Wealth Management Decreases Holdings in Amazon.com, Inc. $AMZN

Eads & Heald Wealth Management lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,305 shares of the e-commerce giant’s stock after selling 628 shares during the quarter. Amazon.com comprises 1.7% of Eads & Heald Wealth Management’s investment portfolio, making the stock its 8th largest position. Eads & Heald Wealth Management’s holdings in Amazon.com were worth $3,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Western Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC increased its stake in Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after acquiring an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Amazon.com during the first quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd raised its position in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after purchasing an additional 63,924 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. lifted its stake in Amazon.com by 5.3% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant’s stock worth $18,454,000 after purchasing an additional 4,265 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 1.4%

Shares of Amazon.com stock opened at $221.09 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company’s 50 day moving average price is $225.24 and its 200-day moving average price is $213.61. The stock has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.70, a P/E/G ratio of 1.44 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 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 firm’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other news, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the sale, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 97,911 shares of company stock valued at $21,765,202. 9.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently commented on AMZN. JMP Securities reiterated a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Truist Financial increased their price target on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Piper Sandler lifted their price target on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $267.94.

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.