Peak Financial Advisors LLC Buys 2,086 Shares of Amazon.com, Inc. $AMZN

Key Points

• Peak Financial Advisors LLC increased its stake in Amazon.com, Inc. by 12.7% in Q2, now holding shares worth $4.06 million, making it the 10th largest holding in their portfolio.
• Recent analyst ratings for Amazon are positive, with Goldman Sachs reaffirming a "buy" rating and other analysts upgrading their price targets significantly, indicating strong investor sentiment.
• Amazon's stock has a market capitalization of $2.47 trillion and reported significant earnings growth, with Q2 earnings per share at $1.68, surpassing expectations.

Peak Financial Advisors LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,501 shares of the e-commerce giant's stock after purchasing an additional 2,086 shares during the period. Amazon.com comprises 2.1% of Peak Financial Advisors LLC's portfolio, making the stock its 10th largest position. Peak Financial Advisors LLC's holdings in Amazon.com were worth $4,059,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Bare Financial Services Inc increased its holdings in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock worth $177,000 after buying an additional 48 shares during the last quarter. Talisman Wealth Advisors LLC boosted its stake in Amazon.com by 1.2% during the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after purchasing an additional 53 shares during the last quarter. SWAN Capital LLC increased its position in shares of Amazon.com by 3.1% during the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after purchasing an additional 55 shares during the last quarter. Hamel Associates Inc. boosted its holdings in Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after buying an additional 55 shares during the period. Finally, Clifford Group LLC raised its stake in Amazon.com by 0.4% during the first quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant's stock valued at $2,589,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer directly owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 transaction, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last 90 days. 9.70% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

Amazon.com stock traded up $0.25 on Friday, reaching $231.48. 97,793,456 shares of the stock were exchanged, compared to its average volume of 34,071,644. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.47 trillion, a PE ratio of 35.29, a PEG ratio of 1.55 and a beta of 1.30. The firm has a fifty day moving average price of $227.81 and a two-hundred day moving average price of $209.43. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

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

Wall Street Analyst Weigh In

Several analysts have issued reports on AMZN shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Pivotal Research increased their price target on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Cantor Fitzgerald boosted their price target on Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. HSBC increased their price target on shares of Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Finally, Piper Sandler lifted their target price on shares of Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of "Buy" and a consensus price target of $263.30.

About Amazon.com

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.