Key Client Fiduciary Advisors LLC Has $6.73 Million Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Key Client Fiduciary Advisors LLC increased its stake in Amazon.com, Inc. by 5.1% during the second quarter, now holding 30,668 shares valued at approximately $6.73 million, making it their 7th largest position.
• Amazon's insider, Jeffrey P. Bezos, sold over 4.2 million shares for nearly $960.67 million, reducing his stake by 0.47%, while insiders collectively sold more than 25 million shares worth around $5.68 billion in the last three months.
• Several analysts have recently raised their price targets for Amazon.com, with Scotiabank increasing its target from $250 to $275, reflecting a positive sentiment toward the company's performance and future outlook.

Key Client Fiduciary Advisors LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,668 shares of the e-commerce giant's stock after buying an additional 1,477 shares during the quarter. Amazon.com makes up about 2.7% of Key Client Fiduciary Advisors LLC's investment portfolio, making the stock its 7th largest holding. Key Client Fiduciary Advisors LLC's holdings in Amazon.com were worth $6,728,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new position in shares of Amazon.com in the 1st quarter worth approximately $42,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Amazon.com in the 1st quarter worth approximately $59,000. Finally, von Borstel & Associates Inc. bought a new position in shares of Amazon.com in the 1st quarter worth approximately $66,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com 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 directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN stock traded down $3.85 on Monday, reaching $227.63. The stock had a trading volume of 45,744,649 shares, compared to its average volume of 37,103,036. The stock has a market cap 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. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. 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 company has a 50 day simple moving average of $227.81 and a 200 day simple moving average of $209.49.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly 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. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on AMZN shares. DA Davidson raised their price objective on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Roth Capital set a $250.00 price objective on Amazon.com and gave the company a "buy" rating in a research report on Tuesday, July 8th. Truist Financial raised their price objective on Amazon.com from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Tuesday, September 16th. Barclays raised their price objective on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Wedbush reaffirmed an "outperform" rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently 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.