Game Plan Financial Advisors LLC Grows Position in Amazon.com, Inc. $AMZN

Key Points

• Game Plan Financial Advisors LLC increased its holdings in Amazon.com by 7.0% during the 1st quarter, now owning 39,314 shares valued at approximately $7.48 million.
• Amazon's recent quarterly earnings report showed an EPS of $1.68, surpassing analysts' expectations and marking a 13.3% increase in revenue year-over-year.
• In insider trading news, Amazon's CFO sold 17,750 shares recently, resulting in a 26.59% decrease in his ownership stake in the company.

Game Plan Financial Advisors LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.0% during the first quarter, according to its most recent filing with the SEC. The fund owned 39,314 shares of the e-commerce giant's stock after buying an additional 2,556 shares during the quarter. Amazon.com accounts for approximately 3.6% of Game Plan Financial Advisors LLC's portfolio, making the stock its 6th largest holding. Game Plan Financial Advisors LLC's holdings in Amazon.com were worth $7,480,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cooksen Wealth LLC bought a new stake in Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com in the first quarter valued at approximately $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com in the first quarter valued at approximately $42,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Amazon.com during the 1st quarter valued at $59,000. Finally, von Borstel & Associates Inc. bought a new stake in Amazon.com during the 1st quarter valued at $66,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last quarter. 9.70% of the stock is owned by company insiders.

Amazon.com Trading Down 1.0%

AMZN traded down $2.43 on Wednesday, hitting $231.62. 42,648,898 shares of the company were exchanged, compared to its average volume of 33,471,536. The firm has a fifty day simple moving average of $227.51 and a two-hundred day simple moving average of $209.05. 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 stock has a market capitalization of $2.47 trillion, a PE ratio of 35.31, a price-to-earnings-growth ratio of 1.56 and a beta of 1.30.

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 the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on AMZN shares. Evercore ISI reiterated an "outperform" rating and set a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. JMP Securities reiterated a "market outperform" rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. BNP Paribas Exane raised shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price on the stock in a report on Friday, June 27th. Cantor Fitzgerald upped their target price on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Finally, HSBC increased their price target on shares of Amazon.com from $240.00 to $256.00 in a report on Tuesday, July 22nd. Two research 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 stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus target price 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.