Amazon.com, Inc. $AMZN Shares Acquired by Fiduciary Alliance LLC

Key Points

• Fiduciary Alliance LLC has increased its holdings in Amazon.com, Inc. by 8.6% during Q2, making it the firm's 6th largest position with a total worth of $32.67 million.
• Amazon.com reported quarterly earnings of $1.68 per share, surpassing analysts' expectations of $1.31, with revenues of $167.70 billion, a 13.3% increase year-over-year.
• Jeffrey P. Bezos sold 4.27 million shares of Amazon stock for approximately $960.67 million, reducing his ownership stake by 0.47%.

Fiduciary Alliance LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 148,931 shares of the e-commerce giant's stock after acquiring an additional 11,733 shares during the period. Amazon.com makes up approximately 2.4% of Fiduciary Alliance LLC's investment portfolio, making the stock its 6th largest position. Fiduciary Alliance LLC's holdings in Amazon.com were worth $32,674,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com during the fourth quarter worth about $25,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the first quarter worth about $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com in the first quarter worth about $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com in the first quarter worth about $42,000. Finally, Harbor Investment Advisory LLC lifted its holdings in shares of Amazon.com by 0.7% in 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. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Piper Sandler increased their target price on shares of Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Evercore ISI reissued an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Wedbush reissued an "outperform" rating and issued a $250.00 target price on shares of Amazon.com in a report on Friday. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $265.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $263.30.

Amazon.com Trading Down 1.7%

Amazon.com stock traded down $3.85 during mid-day trading on Monday, hitting $227.63. 45,744,649 shares of the stock were exchanged, compared to its average volume of 37,103,036. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The firm's fifty day simple moving average is $227.81 and its two-hundred day simple moving average is $209.49. The stock has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.70, a PEG ratio of 1.55 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business earned $1.26 EPS. The company's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. 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, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is currently owned by company insiders.

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.