Amazon.com, Inc. $AMZN Shares Acquired by International Private Wealth Advisors LLC

Key Points

• International Private Wealth Advisors LLC increased its Amazon holdings by 15.5% in the 2nd quarter, making Amazon its 2nd largest investment with a value of $3.7 million.
• Wall Street analysts have a consensus rating of "Buy" for Amazon stock, with a target price averaging around $264.04.
• Amazon reported a quarterly earnings beat with $1.68 EPS, exceeding estimates and showing a year-over-year revenue increase of 13.3%.

International Private Wealth Advisors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 15.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,846 shares of the e-commerce giant's stock after acquiring an additional 2,264 shares during the quarter. Amazon.com makes up 3.2% of International Private Wealth Advisors LLC's investment portfolio, making the stock its 2nd biggest holding. International Private Wealth Advisors LLC's holdings in Amazon.com were worth $3,696,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at about $25,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at about $40,000. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the 1st quarter valued at about $42,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research reports. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price for the company in a report on Friday, June 27th. Barclays upped their price objective on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Finally, DA Davidson upped their price objective on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $264.04.

Amazon.com Stock Performance

NASDAQ AMZN opened at $219.78 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.50, a PEG ratio of 1.47 and a beta of 1.30. The business has a 50 day moving average price of $227.44 and a 200 day moving average price of $210.23. 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 (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the business posted $1.26 EPS. Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction on Thursday, August 21st. The shares were 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 in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,997,911 shares of company stock worth $4,989,630,574 in the last quarter. 9.70% of the stock is currently owned by corporate insiders.

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.

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