Amazon.com, Inc. $AMZN Stock Position Lifted by BCGM Wealth Management LLC

BCGM Wealth Management LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 11.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,005 shares of the e-commerce giant’s stock after buying an additional 530 shares during the quarter. BCGM Wealth Management LLC’s holdings in Amazon.com were worth $1,098,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. K.J. Harrison & Partners Inc increased its stake in shares of Amazon.com by 8.3% in the second quarter. K.J. Harrison & Partners Inc now owns 102,996 shares of the e-commerce giant’s stock worth $22,596,000 after acquiring an additional 7,901 shares during the last quarter. Astra Wealth Partners LLC increased its position in Amazon.com by 35.8% in the 2nd quarter. Astra Wealth Partners LLC now owns 4,150 shares of the e-commerce giant’s stock worth $910,000 after purchasing an additional 1,095 shares during the last quarter. Compton Financial Group LLC raised its stake in shares of Amazon.com by 319.2% during the 2nd quarter. Compton Financial Group LLC now owns 10,552 shares of the e-commerce giant’s stock worth $2,315,000 after purchasing an additional 8,035 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of Amazon.com by 1.8% during the 2nd quarter. Westside Investment Management Inc. now owns 55,065 shares of the e-commerce giant’s stock worth $12,099,000 after purchasing an additional 950 shares in the last quarter. Finally, Garrison Bradford & Associates Inc. lifted its holdings in shares of Amazon.com by 11.0% during the 2nd quarter. Garrison Bradford & Associates Inc. now owns 19,868 shares of the e-commerce giant’s stock valued at $4,359,000 after buying an additional 1,966 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AMZN shares. Morgan Stanley reaffirmed an “overweight” rating and set a $315.00 price objective (up previously from $300.00) on shares of Amazon.com in a research report on Friday, October 31st. Mizuho downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Rothschild Redb cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Rosenblatt Securities reissued a “buy” rating and set a $305.00 target price on shares of Amazon.com in a research report on Tuesday, November 25th. Finally, CICC Research boosted their price target on Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $295.78.

Check Out Our Latest Report on Amazon.com

Amazon.com Trading Up 1.8%

Shares of AMZN stock opened at $233.30 on Friday. The firm has a market capitalization of $2.49 trillion, a P/E ratio of 35.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm’s fifty day simple moving average is $227.52 and its 200 day simple moving average is $223.05. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same period last year, the business posted $1.43 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other news, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $233.00, for a total transaction of $209,700.00. Following the sale, the director owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew S. Garman sold 17,768 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the sale, the chief executive officer owned 6,273 shares in the company, valued at approximately $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 82,234 shares of company stock valued at $19,052,442 over the last quarter. Company insiders own 9.70% of the company’s stock.

Amazon.com Company Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.