Amazon.com, Inc. $AMZN Shares Purchased by Three Seasons Wealth LLC

Key Points

• Three Seasons Wealth LLC significantly increased its Amazon shares by 4,242.5%, acquiring a total of 1,480,548 shares, which accounts for 37.2% of its investment portfolio.
• Amazon's recent performance showed a beat on earnings with $1.68 EPS reported, surpassing analysts' expectations of $1.31, alongside a revenue increase of 13.3% year-over-year.
• Major analysts have maintained a "Buy" rating for Amazon, with price targets ranging from $265 to $280, reflecting strong investor confidence in the stock.

Three Seasons Wealth LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4,242.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,480,548 shares of the e-commerce giant's stock after purchasing an additional 1,446,454 shares during the quarter. Amazon.com accounts for 37.2% of Three Seasons Wealth LLC's investment portfolio, making the stock its biggest holding. Three Seasons Wealth LLC's holdings in Amazon.com were worth $324,817,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Piscataqua Savings Bank raised its holdings in Amazon.com by 1.2% during the second quarter. Piscataqua Savings Bank now owns 15,194 shares of the e-commerce giant's stock worth $3,333,000 after purchasing an additional 185 shares during the last quarter. CWC Advisors LLC. raised its holdings in Amazon.com by 7.8% during the second quarter. CWC Advisors LLC. now owns 4,225 shares of the e-commerce giant's stock worth $927,000 after purchasing an additional 307 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. raised its holdings in Amazon.com by 0.6% during the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 131,889 shares of the e-commerce giant's stock worth $29,473,000 after purchasing an additional 768 shares during the last quarter. Ryan Investment Management Inc. acquired a new position in Amazon.com during the second quarter worth $48,000. Finally, Oldfather Financial Services LLC raised its holdings in Amazon.com by 2.8% during the second quarter. Oldfather Financial Services LLC now owns 2,144 shares of the e-commerce giant's stock worth $470,000 after purchasing an additional 59 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on AMZN shares. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Bank of America raised their price target on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Monness Crespi & Hardt lifted their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 1st. BMO Capital Markets lifted their price objective on Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $264.04.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was 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 of the company's stock, valued at approximately $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold 21,997,911 shares of company stock valued at $4,989,630,574 in the last 90 days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Price Performance

AMZN stock opened at $219.78 on Friday. The stock has a 50-day moving average price of $227.44 and a two-hundred day moving average price of $210.16. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.34 trillion, a PE ratio of 33.50, a price-to-earnings-growth ratio of 1.46 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly 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. 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 quarter in the previous year, the business earned $1.26 earnings per share. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

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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