Financial Life Advisors Acquires 168 Shares of Amazon.com, Inc. $AMZN

Financial Life Advisors increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,726 shares of the e-commerce giant’s stock after purchasing an additional 168 shares during the period. Financial Life Advisors’ holdings in Amazon.com were worth $817,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in AMZN. Ridgecrest Wealth Partners LLC increased its holdings in shares of 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 worth $1,843,000 after buying an additional 45 shares during the period. Bare Financial Services Inc boosted its holdings in 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 period. Heritage Oak Wealth Advisors LLC grew its position in Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after acquiring an additional 48 shares during the last quarter. Cobblestone Asset Management LLC increased its stake in 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 period. Finally, Seek First Inc. lifted its position in Amazon.com by 0.5% in the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock valued at $2,009,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $224.21 on Monday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock’s 50 day simple moving average is $225.10 and its two-hundred day simple moving average is $214.44. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market cap of $2.39 trillion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.48 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last released its 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 analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMZN. Wells Fargo & Company upgraded shares of Amazon.com from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $245.00 to $280.00 in a report on Wednesday, September 24th. Bank of America increased their price target on shares of Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Citizens Jmp assumed coverage on shares of Amazon.com in a research report on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Rosenblatt Securities upped their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Cantor Fitzgerald increased their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average price target of $268.69.

Insider Activity

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares of the company’s stock, valued at $111,916,569.70. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 97,911 shares of company stock worth $21,765,202. 10.80% of the stock is currently owned by corporate insiders.

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.