Curran Financial Partners LLC Raises Position in Amazon.com, Inc. $AMZN

Key Points

• Curran Financial Partners LLC increased its holdings in Amazon.com, Inc. by 16.8%, bringing its total to 9,102 shares valued at approximately $1,997,000.
• Recent insider trading included the sale of 2,643,142 shares by Jeffrey P. Bezos, which reduced his ownership by 0.30%, while total insider sales in the last 90 days reached $1,512,698,663.
• Amazon.com reported earnings of $1.68 per share for the last quarter, exceeding estimates, with total revenue of $167.70 billion, representing a 13.3% growth year-over-year.

Curran Financial Partners LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,102 shares of the e-commerce giant's stock after purchasing an additional 1,309 shares during the quarter. Curran Financial Partners LLC's holdings in Amazon.com were worth $1,997,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Barrett & Company Inc. lifted its stake in shares of Amazon.com by 1.6% during the 2nd quarter. Barrett & Company Inc. now owns 23,477 shares of the e-commerce giant's stock worth $5,151,000 after purchasing an additional 370 shares during the period. Montz Harcus Wealth Management LLC raised its position in Amazon.com by 0.4% in the second quarter. Montz Harcus Wealth Management LLC now owns 24,406 shares of the e-commerce giant's stock valued at $5,354,000 after purchasing an additional 88 shares during the period. New Century Financial Group LLC raised its position in Amazon.com by 124.1% in the second quarter. New Century Financial Group LLC now owns 6,054 shares of the e-commerce giant's stock valued at $1,328,000 after purchasing an additional 3,352 shares during the period. Phraction Management LLC raised its position in Amazon.com by 1.2% in the second quarter. Phraction Management LLC now owns 118,988 shares of the e-commerce giant's stock valued at $26,105,000 after purchasing an additional 1,400 shares during the period. Finally, Whelan Financial raised its position in Amazon.com by 7.1% in the second quarter. Whelan Financial now owns 10,252 shares of the e-commerce giant's stock valued at $2,249,000 after purchasing an additional 683 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,643,142 shares of Amazon.com stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the transaction, the insider directly owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. The trade was a 0.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,591,479 shares of company stock worth $1,512,698,663. 10.80% of the stock is owned by corporate insiders.

Amazon.com Trading Down 0.7%

Amazon.com stock opened at $213.04 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market cap of $2.27 trillion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm's 50 day moving average price is $225.66 and its two-hundred day moving average price is $212.88.

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, topping the consensus estimate of $1.31 by $0.37. The firm 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 firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the subject of several recent analyst reports. Westpark Capital restated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Pivotal Research lifted their price target on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Monness Crespi & Hardt raised their target price 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. Weiss Ratings reissued a "buy (b-)" rating on shares of Amazon.com in a report on Wednesday, October 8th. Finally, Wedbush reaffirmed an "outperform" rating and set a $250.00 price target on shares of Amazon.com in a report on Friday, September 19th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $266.26.

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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