Apella Capital LLC Has $8.34 Million Holdings in Amazon.com, Inc. $AMZN

Key Points

• Apella Capital LLC increased its stake in Amazon by 3%, owning a total of 37,313 shares valued at approximately $8.34 million at the end of the second quarter.
• Amazon reported earnings of $1.68 per share for the last quarter, exceeding analysts' expectations of $1.31, along with a revenue of $167.7 billion, marking a 13.3% year-over-year increase.
• Insider sales are notable, with CEO Andrew R. Jassy selling nearly 20,000 shares, while insiders collectively sold over 25 million shares valued at approximately $5.68 billion during the last quarter.

Apella Capital LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,313 shares of the e-commerce giant's stock after purchasing an additional 1,093 shares during the quarter. Apella Capital LLC's holdings in Amazon.com were worth $8,338,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at about $25,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $42,000. Finally, Harbor Investment Advisory LLC grew its holdings in shares of Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock worth $58,000 after purchasing an additional 2,145 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMZN shares. Evercore ISI restated an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Monness Crespi & Hardt raised their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, August 1st. UBS Group reissued a "buy" rating and issued a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Finally, BMO Capital Markets increased their price target on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $263.30.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 10.80% of the company's stock.

Amazon.com Price Performance

Shares of Amazon.com stock traded down $3.85 during trading on Monday, reaching $227.63. The company's stock had a trading volume of 45,744,649 shares, compared to its average volume of 37,103,036. The stock has a 50-day moving average price of $227.85 and a two-hundred day moving average price of $209.69. The stock has a market capitalization of $2.43 trillion, a P/E ratio of 34.70, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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 net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter last year, the company posted $1.26 EPS. The company'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, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS 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.