Peterson Wealth Management Grows Holdings in Amazon.com, Inc. $AMZN

Key Points

• Peterson Wealth Management increased its holdings in Amazon.com, Inc. by 5.2%, bringing their total shares to 30,765, worth approximately $5.85 million.
• Insider trading includes significant sales, with SVP David Zapolsky and CFO Brian T. Olsavsky selling shares valued at over $6.9 million combined, indicating a decrease in their ownership percentages.
• Several hedge funds increased their positions in Amazon during the fourth quarter, with institutional investors owning 72.20% of the stock, reflecting strong confidence in the company.

Peterson Wealth Management grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,765 shares of the e-commerce giant's stock after purchasing an additional 1,522 shares during the period. Amazon.com comprises about 3.9% of Peterson Wealth Management's portfolio, making the stock its 9th largest position. Peterson Wealth Management's holdings in Amazon.com were worth $5,853,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AMZN. Brighton Jones LLC raised its holdings in Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC raised its holdings in Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after purchasing an additional 986 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after purchasing an additional 54,987 shares during the period. Highview Capital Management LLC DE raised its holdings in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after acquiring an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC bought a new stake in Amazon.com in the 4th quarter valued at $2,153,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company'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 sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Rosenblatt Securities boosted their price objective on shares of Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Citigroup reaffirmed an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Two 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, the company currently has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Stock Up 1.4%

Shares of AMZN stock opened at $231.43 on Tuesday. 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 firm's 50-day moving average is $227.03 and its 200-day moving average is $208.71. The stock has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.28, a PEG ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.

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