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Kiley Juergens Wealth Management LLC Grows Stock Holdings in Amazon.com, Inc. $AMZN

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Key Points

  • Kiley Juergens Wealth Management LLC increased its holdings in Amazon.com, Inc. by 1.3% in the second quarter, owning a total of 93,981 shares worth approximately $20.6 million.
  • Insider selling occurred as Amazon's CFO and SVP disposed of shares, resulting in notable decreases in their ownership percentages, 26.59% and 23.53% respectively.
  • Amazon reported strong quarterly earnings, with an EPS of $1.68, surpassing expectations, and had revenue growth of 13.3% year-over-year.
  • Five stocks to consider instead of Amazon.com.

Kiley Juergens Wealth Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,981 shares of the e-commerce giant's stock after acquiring an additional 1,242 shares during the quarter. Amazon.com accounts for approximately 4.8% of Kiley Juergens Wealth Management LLC's portfolio, making the stock its 6th largest holding. Kiley Juergens Wealth Management LLC's holdings in Amazon.com were worth $20,618,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in AMZN. Carderock Capital Management Inc. bought a new position in Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the first quarter valued at $40,000. Capitol Family Office Inc. bought a new position in Amazon.com in the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. increased its stake in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after acquiring an additional 95 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $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 available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,040,098 shares of company stock worth $3,204,129,405. Company insiders own 9.70% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Jefferies Financial Group restated a "buy" rating on shares of Amazon.com in a report on Thursday, September 11th. JPMorgan Chase & Co. increased their price objective on Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Piper Sandler increased their price objective on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Needham & Company LLC reissued a "buy" rating and set a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, Rosenblatt Securities increased their price objective on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Three 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 company's stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Buy" and a consensus target price of $266.26.

Read Our Latest Stock Analysis on AMZN

Amazon.com Stock Performance

Shares of AMZN opened at $227.74 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business's 50 day moving average price is $225.90 and its 200-day moving average price is $211.75. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The stock has a market cap of $2.43 trillion, a P/E ratio of 34.72, a P/E/G ratio of 1.51 and a beta of 1.28.

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

About Amazon.com

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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