Wheelhouse Advisory Group LLC Boosts Holdings in Amazon.com, Inc. $AMZN

Wheelhouse Advisory Group LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 24.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,286 shares of the e-commerce giant’s stock after purchasing an additional 855 shares during the period. Amazon.com accounts for about 0.5% of Wheelhouse Advisory Group LLC’s investment portfolio, making the stock its 21st biggest holding. Wheelhouse Advisory Group LLC’s holdings in Amazon.com were worth $940,000 as of its most recent filing with the Securities and Exchange Commission.

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

Amazon.com Stock Performance

Shares of AMZN stock opened at $224.21 on Friday. The company has a 50 day moving average price of $225.10 and a 200-day moving average price of $214.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The firm has a market capitalization of $2.39 trillion, a PE ratio of 34.18, a P/E/G ratio of 1.48 and a beta of 1.28. 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 results 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. 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 business posted $1.26 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMZN. Deutsche Bank Aktiengesellschaft increased their price target on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Oppenheimer decreased their price target on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research note on Friday, August 1st. Royal Bank Of Canada increased their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, Mizuho set a $300.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Monday, September 29th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $268.69.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the transaction, the chief executive officer owned 515,507 shares of the company’s stock, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Matthew S. Garman sold 17,785 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer directly owned 3,138 shares in the company, valued at approximately $695,286.66. The trade was a 85.00% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 97,911 shares of company stock valued at $21,765,202. Company insiders own 9.70% of the company’s stock.

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.