Allen Mooney & Barnes Investment Advisors LLC Has $15.80 Million Position in Amazon.com, Inc. $AMZN

Key Points

• Allen Mooney & Barnes Investment Advisors LLC increased its stakes in Amazon.com by 1.8%, adding 1,287 shares to own a total of 72,018 shares, valued at approximately $15.8 million.
• In the fourth quarter, several large investors also increased their holdings in Amazon.com, with Brighton Jones LLC raising its stake by 10.9% to own over 4 million shares worth around $885 million.
• Amazon.com is showing positive financial performance, having reported $1.68 EPS for the quarter, exceeding estimates, and experiencing a 13.3% revenue increase year-over-year.

Allen Mooney & Barnes Investment Advisors LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,018 shares of the e-commerce giant's stock after buying an additional 1,287 shares during the quarter. Amazon.com makes up 2.6% of Allen Mooney & Barnes Investment Advisors LLC's portfolio, making the stock its 11th largest position. Allen Mooney & Barnes Investment Advisors LLC's holdings in Amazon.com were worth $15,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC acquired a new position in shares of Amazon.com in the 4th quarter valued at $25,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the first quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Amazon.com by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after acquiring an additional 2,145 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of AMZN stock traded up $0.25 during trading hours on Friday, hitting $231.48. 97,793,456 shares of the company's stock were exchanged, compared to its average volume of 34,071,644. The stock's 50-day moving average is $227.81 and its 200-day moving average is $209.43. 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 cap of $2.47 trillion, a price-to-earnings ratio of 35.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company's stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last 90 days. Insiders own 9.70% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on AMZN. Robert W. Baird raised their target price on Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. Citigroup reissued an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Citizens Jmp initiated coverage on Amazon.com in a research note on Thursday, July 10th. They set a "strong-buy" rating for the company. Finally, Truist Financial increased their price target on Amazon.com from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Tuesday, September 16th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $263.30.

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.