Blue Zone Wealth Advisors LLC Raises Holdings in Amazon.com, Inc. $AMZN

Blue Zone Wealth Advisors LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,422 shares of the e-commerce giant’s stock after buying an additional 2,524 shares during the quarter. Amazon.com comprises 1.7% of Blue Zone Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Blue Zone Wealth Advisors LLC’s holdings in Amazon.com were worth $6,894,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com in the first quarter valued at about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after purchasing an additional 605,415 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMZN. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, August 1st. CIBC lifted their price target on Amazon.com to $315.00 in a research note on Monday, October 20th. Stifel Nicolaus boosted their target price on shares of Amazon.com from $260.00 to $269.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Rosenblatt Securities boosted their target price on shares of Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $268.54.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 95,411 shares of company stock valued at $21,222,702. Insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $222.86 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. 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’s 50 day moving average price is $225.19 and its 200 day moving average price is $215.39. The firm has a market cap of $2.38 trillion, a P/E ratio of 33.97, a PEG ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same quarter in the prior year, the company earned $1.43 EPS. Amazon.com’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal 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.