Amazon.com, Inc. $AMZN Position Boosted by Brendel Financial Advisors LLC

Key Points

• Brendel Financial Advisors LLC increased its stake in Amazon by 10.2%, acquiring an additional 1,233 shares, now holding approximately $2.92 million worth of the stock.
• Amazon reported $1.68 earnings per share for its last quarter, exceeding estimates, with revenues of $167.70 billion, up 13.3% year-over-year.
• Institutional investors own 72.20% of Amazon, with notable increases in holdings from firms like Kingstone Capital Partners and Goldman Sachs during the second quarter.

Brendel Financial Advisors LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,320 shares of the e-commerce giant's stock after acquiring an additional 1,233 shares during the period. Amazon.com comprises about 1.6% of Brendel Financial Advisors LLC's investment portfolio, making the stock its 27th biggest holding. Brendel Financial Advisors LLC's holdings in Amazon.com were worth $2,922,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of Amazon.com by 542,733.6% during the second 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. Nuveen LLC acquired a new position in shares of Amazon.com during the first quarter valued at approximately $11,674,091,000. GAMMA Investing LLC increased its holdings in shares of Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after buying an additional 30,104,520 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Amazon.com in the fourth quarter valued at $2,037,963,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $219.78 on Friday. The firm's 50-day moving average is $227.44 and its 200-day moving average is $210.23. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.50, a PEG ratio of 1.47 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the firm posted $1.26 EPS. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction dated 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 transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have sold 21,997,911 shares of company stock worth $4,989,630,574. Insiders own 9.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. UBS Group reiterated a "buy" rating and set a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Truist Financial lifted their target price on shares of Amazon.com from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Tuesday, September 16th. BMO Capital Markets raised their price target on shares of Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Royal Bank Of Canada raised their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Finally, Monness Crespi & Hardt raised their price target on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $264.04.

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.

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