Briaud Financial Planning Inc Boosts Stock Position in Amazon.com, Inc. $AMZN

Briaud Financial Planning Inc increased its position in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 10.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,324 shares of the e-commerce giant’s stock after acquiring an additional 223 shares during the quarter. Amazon.com comprises approximately 0.2% of Briaud Financial Planning Inc’s holdings, making the stock its 19th biggest position. Briaud Financial Planning Inc’s holdings in Amazon.com were worth $509,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in AMZN. Barlow Wealth Partners Inc. increased its stake in Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after buying an additional 44 shares in the last quarter. Ridgecrest Wealth Partners LLC boosted its stake 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 acquiring an additional 45 shares during the period. Probity Advisors Inc. grew its position in shares of Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after purchasing an additional 45 shares in the last quarter. Bare Financial Services Inc grew its position in shares of Amazon.com by 5.4% during the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC raised its stake 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 valued at $862,000 after purchasing an additional 48 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $234.69 on Monday. The firm has a market capitalization of $2.51 trillion, a price-to-earnings ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. 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 business has a 50 day simple moving average of $228.70 and a 200-day simple moving average of $220.98. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The company 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%.Amazon.com’s revenue was up 13.4% on a year-over-year basis. During the same period last year, the company earned $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This trade represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the business’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 value 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 trade represents a 23.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 123,300 shares of company stock worth $28,294,038. 9.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AMZN. HSBC upped their price target on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Piper Sandler restated a “negative” rating on shares of Amazon.com in a research report on Friday, October 31st. Wells Fargo & Company raised their target price on shares of Amazon.com from $280.00 to $292.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. CIBC boosted their price target on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Finally, Rosenblatt Securities increased their price objective on shares of Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $294.15.

View Our Latest Stock Report on AMZN

About Amazon.com

(Free Report)

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.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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