Gratus Wealth Advisors LLC Buys 1,173 Shares of Amazon.com, Inc. $AMZN

Gratus Wealth Advisors LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,658 shares of the e-commerce giant’s stock after buying an additional 1,173 shares during the quarter. Amazon.com makes up approximately 0.5% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 24th biggest holding. Gratus Wealth Advisors LLC’s holdings in Amazon.com were worth $2,996,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com during the first quarter worth about $40,000. Maryland Capital Advisors Inc. grew its position in Amazon.com by 81.9% during 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 in the last quarter. Finally, Capitol Family Office Inc. bought a new position in Amazon.com in the 1st quarter worth about $42,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. JMP Securities reissued a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Citizens Jmp began coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Wedbush reaffirmed an “outperform” rating and set a $250.00 price objective on shares of Amazon.com in a report on Friday, September 19th. Finally, Zacks Research lowered shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $267.94.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $221.09 on Friday. 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 has a market cap of $2.36 trillion, a PE ratio of 33.70, a PEG ratio of 1.44 and a beta of 1.28. The company’s fifty day moving average is $225.24 and its 200 day moving average is $213.61. 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 quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The business 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 was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the sale, the chief executive officer owned 520,507 shares of the company’s stock, valued at $115,354,761.34. The trade was a 1.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 97,911 shares of company stock worth $21,765,202 over the last quarter. Company insiders own 9.70% of the company’s stock.

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.