Opulen Financial Group LLC Has $5.39 Million Stake in Amazon.com, Inc. $AMZN

Opulen Financial Group LLC cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,551 shares of the e-commerce giant’s stock after selling 53 shares during the quarter. Amazon.com makes up 4.4% of Opulen Financial Group LLC’s portfolio, making the stock its 4th largest position. Opulen Financial Group LLC’s holdings in Amazon.com were worth $5,386,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the 2nd quarter worth about $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter valued at approximately $40,000. Maryland Capital Advisors Inc. raised its holdings in shares of 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 acquiring an additional 95 shares during the period. Finally, Capitol Family Office Inc. acquired a new stake in shares of Amazon.com in the 1st quarter valued at about $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president directly 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer 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. Insiders sold a total of 97,911 shares of company stock valued at $21,765,202 in the last three months. Insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMZN. UBS Group reaffirmed a “buy” rating and set a $271.00 price objective on shares of Amazon.com in a research report on Wednesday, October 22nd. Citizens Jmp initiated coverage on shares of Amazon.com in a report on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 1st. Barclays raised their price objective on Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Finally, Morgan Stanley restated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. 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. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $268.69.

Amazon.com Trading Up 1.4%

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

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.