Earned Wealth Advisors LLC Grows Holdings in Amazon.com, Inc. $AMZN

Key Points

• Earned Wealth Advisors LLC increased its Amazon.com shares by 56%, owning 30,638 shares worth approximately $5.8 million, making it the firm's 18th largest holding.
• Several hedge funds also boosted their positions in Amazon.com, leading to institutional investors owning 72.20% of the stock.
• Amazon's recent earnings report showed an EPS of $1.68, exceeding estimates of $1.31, with a revenue of $167.70 billion, reflecting a 13.3% year-over-year growth.

Earned Wealth Advisors LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 56.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,638 shares of the e-commerce giant's stock after acquiring an additional 11,000 shares during the quarter. Amazon.com comprises 1.3% of Earned Wealth Advisors LLC's holdings, making the stock its 18th biggest position. Earned Wealth Advisors LLC's holdings in Amazon.com were worth $5,829,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Brighton Jones LLC grew its position in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its position in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE raised its position in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after buying an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at about $2,153,000. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Westpark Capital reissued a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Wedbush lifted their price objective on shares of Amazon.com from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Truist Financial boosted their target price on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Barclays boosted their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Finally, UBS Group reaffirmed a "buy" rating and set a $271.00 price target (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Trading Down 1.4%

Shares of NASDAQ:AMZN traded down $3.35 during trading on Friday, reaching $232.33. 36,684,807 shares of the stock were exchanged, compared to its average volume of 32,905,296. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. The firm's 50-day moving average price is $225.74 and its 200 day moving average price is $208.13.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 business had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same quarter in the previous year, the business earned $1.26 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the transaction, the chief executive officer directly owned 518,007 shares in the company, valued at approximately $115,769,384.43. This represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president owned 44,110 shares of the company's stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last three months. Company insiders own 9.70% of the company's stock.

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.