Instrumental Wealth LLC Has $1.40 Million Stock Position in Amazon.com, Inc. $AMZN

Instrumental Wealth LLC lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,180 shares of the e-commerce giant’s stock after selling 498 shares during the quarter. Amazon.com accounts for 1.1% of Instrumental Wealth LLC’s holdings, making the stock its 17th biggest position. Instrumental Wealth LLC’s holdings in Amazon.com were worth $1,399,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AMZN. Vanguard Group Inc. boosted its holdings in shares of 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 2nd 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 buying an additional 132,616,953 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after buying an additional 302,858 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Amazon.com in the 1st quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 buying an additional 605,415 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Up 1.6%

AMZN stock opened at $225.22 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock has a market capitalization of $2.40 trillion, a price-to-earnings ratio of 34.33, a PEG ratio of 1.48 and a beta of 1.28. The business’s fifty day moving average price is $226.03 and its two-hundred day moving average price is $211.58.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,313,335 shares of company stock worth $4,164,795,815 over the last three months. Company insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several recent analyst reports. Susquehanna increased their price objective on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a report on Friday, August 1st. Wells Fargo & Company upgraded Amazon.com from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $245.00 to $280.00 in a research note on Wednesday, September 24th. Stifel Nicolaus increased their price target on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Telsey Advisory Group restated an “outperform” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Wednesday, September 24th. Finally, JPMorgan Chase & Co. increased their price target on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $266.26.

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.