Amazon.com, Inc. $AMZN Shares Purchased by 1858 Wealth Management LLC

1858 Wealth Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,130 shares of the e-commerce giant’s stock after purchasing an additional 1,080 shares during the quarter. Amazon.com accounts for approximately 3.1% of 1858 Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. 1858 Wealth Management LLC’s holdings in Amazon.com were worth $4,197,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Amazon.com during the second quarter worth about $314,965,000. Apollon Financial LLC lifted its holdings in shares of Amazon.com by 1.1% during the second quarter. Apollon Financial LLC now owns 73,216 shares of the e-commerce giant’s stock worth $16,063,000 after purchasing an additional 830 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.6% during the second quarter. Apollon Wealth Management LLC now owns 463,740 shares of the e-commerce giant’s stock worth $101,740,000 after purchasing an additional 2,966 shares during the period. Hemington Wealth Management lifted its holdings in shares of Amazon.com by 0.6% during the second quarter. Hemington Wealth Management now owns 15,184 shares of the e-commerce giant’s stock worth $3,331,000 after purchasing an additional 97 shares during the period. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 7.6% during the second quarter. Fifth Third Wealth Advisors LLC now owns 257,203 shares of the e-commerce giant’s stock worth $56,428,000 after purchasing an additional 18,250 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 9.6%

Shares of AMZN stock opened at $244.22 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market cap of $2.60 trillion, a price-to-earnings ratio of 37.23, a PEG ratio of 1.52 and a beta of 1.28. The stock has a 50 day simple moving average of $225.49 and a 200-day simple moving average of $216.08. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $250.50.

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

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 6,835 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the completion of the transaction, the chief executive officer directly owned 520,507 shares of the company’s stock, valued at $115,354,761.34. This represents a 1.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value 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. The trade was a 23.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 95,411 shares of company stock worth $21,222,702. 9.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. HSBC lifted their target price on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday. TD Cowen boosted their price target on Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a report on Friday. DA Davidson boosted their price target on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a report on Friday. Rosenblatt Securities boosted their price target on Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a report on Friday. Finally, Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $289.88.

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.