Amazon.com, Inc. $AMZN Shares Acquired by Morling Financial Advisors LLC

Key Points

• Morling Financial Advisors LLC increased its position in Amazon.com, Inc. by 30% during the 1st quarter, owning a total of 11,277 shares worth approximately $2.15 million.
• Amazon.com reported $1.68 earnings per share for the last quarter, exceeding estimates by $0.37, with revenues of $167.70 billion, reflecting a 13.3% increase year-over-year.
• Insider Jeffrey P. Bezos sold over 2.6 million shares recently, worth approximately $609 million, resulting in a 0.30% decrease in his ownership of the stock.

Morling Financial Advisors LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 30.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,277 shares of the e-commerce giant's stock after acquiring an additional 2,601 shares during the quarter. Amazon.com comprises about 0.7% of Morling Financial Advisors LLC's portfolio, making the stock its 20th biggest position. Morling Financial Advisors LLC's holdings in Amazon.com were worth $2,146,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC purchased a new position in shares of Amazon.com in the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. purchased a new position in Amazon.com in the 4th quarter worth $27,000. LSV Asset Management purchased a new stake in Amazon.com in the fourth quarter valued at approximately $35,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC purchased a new position in Amazon.com during the 1st quarter worth approximately $40,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Up 3.1%

NASDAQ AMZN traded up $6.89 on Friday, reaching $228.84. The stock had a trading volume of 37,264,095 shares, compared to its average volume of 46,830,960. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $222.63 and a two-hundred day moving average price of $208.07. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.88, a P/E/G ratio of 1.54 and a beta of 1.31.

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on AMZN shares. Scotiabank increased their price target on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, July 22nd. Barclays lifted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Royal Bank Of Canada boosted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Benchmark restated a "buy" rating and issued a $260.00 price objective on shares of Amazon.com in a report on Friday, May 2nd. Finally, Evercore ISI reaffirmed an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $262.87.

Insiders Place Their Bets

In other Amazon.com 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 sale, the insider directly owned 897,722,088 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders sold 25,012,284 shares of company stock valued at $5,656,976,492. Insiders own 9.70% of the company's stock.

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.