TruWealth Advisors LLC Grows Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• TruWealth Advisors LLC increased its stake in Amazon.com, Inc. by 2.6%, owning now 182,140 shares valued at approximately $39.96 million, making it the firm's 12th largest position.
• Amazon reported $1.68 earnings per share for the last quarter, exceeding analyst estimates of $1.31, with a revenue of $167.70 billion, up 13.3% year-over-year.
• Insider sales included CFO Brian T. Olsavsky and CEO Andrew R. Jassy offloading shares valued at over $8.35 million, signaling a notable decrease in their holdings.

TruWealth Advisors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 182,140 shares of the e-commerce giant's stock after purchasing an additional 4,659 shares during the period. Amazon.com accounts for 2.2% of TruWealth Advisors LLC's portfolio, making the stock its 12th largest position. TruWealth Advisors LLC's holdings in Amazon.com were worth $39,960,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Nuveen LLC purchased a new stake in Amazon.com during the 1st quarter valued at $11,674,091,000. GAMMA Investing LLC grew its stake in shares of Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Goldman Sachs Group Inc. increased its holdings in Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after buying an additional 10,176,835 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Amazon.com in the 4th quarter worth $2,037,963,000. Finally, Vanguard Group Inc. raised its stake in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock worth $158,348,557,000 after buying an additional 8,913,959 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Shares of Amazon.com stock traded up $0.25 during trading on Friday, reaching $231.48. The company's stock had a trading volume of 97,793,456 shares, compared to its average volume of 34,071,644. The business has a 50 day moving average price of $227.81 and a 200-day moving average price of $209.43. 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 company has a market capitalization of $2.47 trillion, a P/E ratio of 35.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

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

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the sale, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 9.70% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. Scotiabank increased their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 22nd. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a "buy" rating in a report on Tuesday, July 8th. Needham & Company LLC restated a "buy" rating and set a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Monness Crespi & Hardt increased their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $263.30.

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.