GPS Wealth Strategies Group LLC Has $21.74 Million Stock Position in Amazon.com, Inc. $AMZN

GPS Wealth Strategies Group LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 99,074 shares of the e-commerce giant’s stock after acquiring an additional 243 shares during the quarter. Amazon.com comprises approximately 2.5% of GPS Wealth Strategies Group LLC’s investment portfolio, making the stock its 8th biggest holding. GPS Wealth Strategies Group LLC’s holdings in Amazon.com were worth $21,736,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC increased 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 worth $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Northern Trust Corp raised its position in shares of Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the period. Nuveen LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Amazon.com by 1.0% during 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. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. Robert W. Baird set a $285.00 target price on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, October 31st. TD Cowen upped their price target on shares of Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. JPMorgan Chase & Co. raised their price objective on shares of Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Morgan Stanley reaffirmed an “overweight” rating and issued a $315.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Friday, October 31st. Finally, Bank of America upped their target price on shares of Amazon.com from $272.00 to $303.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $296.05.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the sale, the chief executive officer owned 498,182 shares of the company’s stock, valued at approximately $115,931,933.22. This represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the transaction, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 79,734 shares of company stock worth $18,493,717. Insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 0.3%

Shares of NASDAQ:AMZN opened at $233.88 on Tuesday. The company’s 50-day moving average price is $227.65 and its two-hundred day moving average price is $223.35. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. 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 stock has a market capitalization of $2.50 trillion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last released 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 business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the previous year, the business earned $1.43 earnings per share. Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

About Amazon.com

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.