Mowery & Schoenfeld Wealth Management LLC Raises Stake in Amazon.com, Inc. $AMZN

Mowery & Schoenfeld Wealth Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 143.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,640 shares of the e-commerce giant's stock after purchasing an additional 2,146 shares during the quarter. Amazon.com accounts for approximately 1.4% of Mowery & Schoenfeld Wealth Management LLC's investment portfolio, making the stock its 15th largest position. Mowery & Schoenfeld Wealth Management LLC's holdings in Amazon.com were worth $693,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $35,000. Perritt Capital Management Inc boosted its position in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after acquiring an additional 80 shares in the last quarter. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the 1st quarter worth approximately $40,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 1.7%

Shares of NASDAQ:AMZN traded down $3.7930 during midday trading on Wednesday, hitting $224.2170. 19,696,742 shares of the company's stock were exchanged, compared to its average volume of 44,564,785. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a 50 day moving average price of $221.91 and a 200-day moving average price of $208.35. The company has a market cap of $2.39 trillion, a PE ratio of 34.19, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52.

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

Wall Street Analyst Weigh In

AMZN has been the topic of several analyst reports. Westpark Capital reiterated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Robert W. Baird increased their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. UBS Group reissued a "buy" rating and issued a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Barclays increased their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Finally, Piper Sandler increased their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the transaction, the chief executive officer owned 510,255 shares of the company's stock, valued at $118,542,441.60. This represents a 0.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction 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. This represents a 0.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,025,854 shares of company stock worth $5,659,723,195 over the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com 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.