Amazon.com, Inc. $AMZN Shares Bought by McGuire Investment Group LLC

Key Points

• McGuire Investment Group LLC increased its holdings in Amazon.com, Inc. by 5.3% during the 2nd quarter, owning a total of 54,719 shares valued at approximately $12 million.
• Multiple institutional investors, including Pure Financial Advisors LLC, have also raised their stakes in Amazon, contributing to a total of 72.20% of the stock being owned by institutional investors and hedge funds.
• Amazon reported $1.68 earnings per share (EPS) for the last quarter, exceeding analyst expectations, with revenues of $167.70 billion, marking a 13.3% increase year-over-year.

McGuire Investment Group LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 54,719 shares of the e-commerce giant's stock after acquiring an additional 2,745 shares during the period. Amazon.com accounts for about 1.5% of McGuire Investment Group LLC's holdings, making the stock its 21st biggest position. McGuire Investment Group LLC's holdings in Amazon.com were worth $12,005,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMZN. Warren Street Wealth Advisors LLC grew its stake in shares of Amazon.com by 5.7% during the 2nd quarter. Warren Street Wealth Advisors LLC now owns 13,124 shares of the e-commerce giant's stock valued at $2,879,000 after buying an additional 712 shares during the period. Vicus Capital grew its stake in shares of Amazon.com by 10.4% during the 2nd quarter. Vicus Capital now owns 37,608 shares of the e-commerce giant's stock valued at $8,251,000 after buying an additional 3,540 shares during the period. Naples Global Advisors LLC grew its stake in shares of Amazon.com by 2.8% during the 2nd quarter. Naples Global Advisors LLC now owns 31,597 shares of the e-commerce giant's stock valued at $6,932,000 after buying an additional 861 shares during the period. Foundry Financial Group Inc. grew its stake in shares of Amazon.com by 6.0% during the 2nd quarter. Foundry Financial Group Inc. now owns 1,848 shares of the e-commerce giant's stock valued at $405,000 after buying an additional 104 shares during the period. Finally, Pure Financial Advisors LLC grew its stake in shares of Amazon.com by 51.2% during the 2nd quarter. Pure Financial Advisors LLC now owns 100,855 shares of the e-commerce giant's stock valued at $22,127,000 after buying an additional 34,160 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Jefferies Financial Group reissued a "buy" rating on shares of Amazon.com in a research note on Thursday, September 11th. Rosenblatt Securities boosted their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Cowen reissued a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Finally, Roth Capital set a $250.00 price target on shares of Amazon.com and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com has a consensus rating of "Buy" and an average target price of $266.26.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of 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. In the last quarter, insiders have sold 10,864,716 shares of company stock worth $2,486,013,854. Company insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $213.04 on Friday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market capitalization of $2.27 trillion, a P/E ratio of 32.48, a P/E/G ratio of 1.42 and a beta of 1.28. The company's fifty day moving average price is $225.66 and its two-hundred day moving average price is $212.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The business 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%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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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