Bulltick Wealth Management LLC Has $10.16 Million Stake in Amazon.com, Inc. $AMZN

Bulltick Wealth Management LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 22.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,378 shares of the e-commerce giant's stock after selling 15,566 shares during the period. Amazon.com makes up approximately 2.7% of Bulltick Wealth Management LLC's portfolio, making the stock its 9th biggest holding. Bulltick Wealth Management LLC's holdings in Amazon.com were worth $10,155,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Stone House Investment Management LLC increased its position in shares of Amazon.com by 62.6% in the first quarter. Stone House Investment Management LLC now owns 6,167 shares of the e-commerce giant's stock worth $1,173,000 after purchasing an additional 2,374 shares during the last quarter. Trajan Wealth LLC increased its position in shares of Amazon.com by 3.3% in the first quarter. Trajan Wealth LLC now owns 201,252 shares of the e-commerce giant's stock worth $38,290,000 after purchasing an additional 6,356 shares during the last quarter. Keeler & Nadler Financial Planning & Wealth Management increased its position in shares of Amazon.com by 20.9% in the first quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 4,280 shares of the e-commerce giant's stock worth $825,000 after purchasing an additional 740 shares during the last quarter. AGF Management Ltd. increased its position in shares of Amazon.com by 0.3% in the first quarter. AGF Management Ltd. now owns 3,452,960 shares of the e-commerce giant's stock worth $656,960,000 after purchasing an additional 9,050 shares during the last quarter. Finally, Gouws Capital LLC increased its position in shares of Amazon.com by 4.4% in the first quarter. Gouws Capital LLC now owns 42,280 shares of the e-commerce giant's stock worth $8,044,000 after purchasing an additional 1,764 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Down 3.3%

Shares of NASDAQ:AMZN traded down $7.91 during trading on Wednesday, reaching $230.33. 60,798,520 shares of the company traded hands, compared to its average volume of 32,696,864. The firm has a market capitalization of $2.46 trillion, a price-to-earnings ratio of 35.11, a P/E/G ratio of 1.60 and a beta of 1.30. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week 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 business's fifty day moving average is $226.43 and its 200-day moving average is $208.24.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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 firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on AMZN shares. Citigroup restated an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Monness Crespi & Hardt upped their target price on Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Bank of America upped their target price on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Wedbush upped their target price on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Finally, Citizens Jmp began coverage on Amazon.com in a research note on Thursday, July 10th. They issued a "strong-buy" rating for the company. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have 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 $262.87.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last ninety days. 9.70% of the stock is owned by corporate insiders.

Amazon.com 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.