Amazon.com, Inc. $AMZN Shares Acquired by Boyd Wealth Management LLC

Key Points

• Boyd Wealth Management LLC increased its holdings in Amazon.com, Inc. by 45.9%, acquiring an additional 1,600 shares, for a total of 5,088 shares valued at approximately $1.12 million.
• Institutional investors currently own 72.20% of Amazon's stock, indicating strong institutional interest in the e-commerce giant.
• Wall Street analysts have a favorable outlook on Amazon, with multiple firms raising their target prices and upgrading the stock to an "overweight" or "strong-buy" rating.

Boyd Wealth Management LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 45.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,088 shares of the e-commerce giant's stock after purchasing an additional 1,600 shares during the period. Amazon.com makes up 0.5% of Boyd Wealth Management LLC's investment portfolio, making the stock its 24th largest position. Boyd Wealth Management LLC's holdings in Amazon.com were worth $1,116,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AMZN. Brighton Jones LLC lifted its holdings in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after acquiring an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after acquiring an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE lifted its stake in Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in Amazon.com during the 4th quarter worth about $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Wells Fargo & Company raised Amazon.com from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $245.00 to $280.00 in a research note on Wednesday, September 24th. JMP Securities reissued a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a research note on Friday, August 1st. BMO Capital Markets increased their target price on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Pivotal Research increased their target price on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Citizens Jmp began coverage on shares of Amazon.com in a report on Thursday, July 10th. They set a "strong-buy" rating on the stock. Three analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $265.09.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction on Friday, July 11th. The stock was 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 of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 20,842,622 shares of company stock worth $4,731,205,179 over the last quarter. Corporate insiders own 9.70% of the company's stock.

Amazon.com Trading Up 0.8%

AMZN opened at $222.41 on Friday. The firm has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.90, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The business's 50 day moving average is $226.79 and its two-hundred day moving average is $210.83. 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 (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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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