WESPAC Advisors LLC Sells 584 Shares of Amazon.com, Inc. $AMZN

WESPAC Advisors LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,813 shares of the e-commerce giant’s stock after selling 584 shares during the quarter. WESPAC Advisors LLC’s holdings in Amazon.com were worth $617,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Hall Capital Management Co. Inc. grew its stake in Amazon.com by 1.1% during the second quarter. Hall Capital Management Co. Inc. now owns 16,493 shares of the e-commerce giant’s stock worth $3,618,000 after buying an additional 179 shares during the last quarter. Navera Investment Management Ltd. grew its stake in Amazon.com by 1.5% during the second quarter. Navera Investment Management Ltd. now owns 1,068,639 shares of the e-commerce giant’s stock worth $234,442,000 after buying an additional 15,880 shares during the last quarter. LifeSteps Financial Inc. grew its stake in Amazon.com by 2.1% during the second quarter. LifeSteps Financial Inc. now owns 9,824 shares of the e-commerce giant’s stock worth $2,155,000 after buying an additional 198 shares during the last quarter. Financial Life Advisors grew its stake in Amazon.com by 4.7% during the second quarter. Financial Life Advisors now owns 3,726 shares of the e-commerce giant’s stock worth $817,000 after buying an additional 168 shares during the last quarter. Finally, Nelson Capital Management LLC grew its stake in Amazon.com by 1.1% during the second quarter. Nelson Capital Management LLC now owns 62,224 shares of the e-commerce giant’s stock worth $13,651,000 after buying an additional 650 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

Shares of AMZN stock opened at $224.21 on Monday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock has a market cap of $2.39 trillion, a PE ratio of 34.18, a PEG ratio of 1.48 and a beta of 1.28. 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 firm’s 50 day moving average price is $225.10 and its two-hundred day moving average price is $214.44.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the firm earned $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, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. UBS Group reaffirmed a “buy” rating and set a $271.00 price objective on shares of Amazon.com in a research note on Wednesday, October 22nd. Cowen reissued a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Stifel Nicolaus boosted their price objective on shares of Amazon.com from $260.00 to $269.00 and gave the stock a “buy” rating in a research report on Friday. Westpark Capital reaffirmed a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, KeyCorp began coverage on Amazon.com in a research report on Thursday. They issued an “overweight” rating on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $268.69.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% 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. 10.80% of the stock is currently owned by company 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.