Precision Wealth Strategies LLC Grows Holdings in Amazon.com, Inc. $AMZN

Key Points

• Precision Wealth Strategies LLC increased its holdings in Amazon.com, Inc. by 46.0%, owning 6,775 shares worth approximately $1.49 million as of its latest SEC filing.
• A number of institutional investors also raised their stakes in Amazon during the second quarter, with Parkwoods Wealth Partners LLC leading with an 85.5% increase.
• In recent insider transactions, CEO Andrew Jassy and CFO Brian Olsavsky sold significant shares, with Jassy selling 19,872 shares and Olsavsky selling 17,750 shares, reflecting a 0.90% and 26.59% decrease in their respective positions.

Precision Wealth Strategies LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 46.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,775 shares of the e-commerce giant's stock after buying an additional 2,135 shares during the quarter. Precision Wealth Strategies LLC's holdings in Amazon.com were worth $1,486,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. jvl associates llc grew its position in shares of Amazon.com by 38.8% in the 2nd quarter. jvl associates llc now owns 5,485 shares of the e-commerce giant's stock worth $1,203,000 after buying an additional 1,533 shares during the period. B.O.S.S. Retirement Advisors LLC grew its position in shares of Amazon.com by 24.8% in the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 21,650 shares of the e-commerce giant's stock worth $4,750,000 after buying an additional 4,302 shares during the period. Newman Dignan & Sheerar Inc. grew its position in shares of Amazon.com by 2.4% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 28,730 shares of the e-commerce giant's stock worth $6,303,000 after buying an additional 669 shares during the period. Madrona Financial Services LLC grew its position in shares of Amazon.com by 6.8% in the 2nd quarter. Madrona Financial Services LLC now owns 9,322 shares of the e-commerce giant's stock worth $2,045,000 after buying an additional 590 shares during the period. Finally, Parkwoods Wealth Partners LLC grew its position in shares of Amazon.com by 85.5% in the 2nd quarter. Parkwoods Wealth Partners LLC now owns 2,087 shares of the e-commerce giant's stock worth $458,000 after buying an additional 962 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,864,716 shares of company stock worth $2,486,013,854. 9.70% of the stock is owned by company insiders.

Amazon.com Price Performance

AMZN opened at $214.47 on Friday. 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 stock has a market capitalization of $2.29 trillion, a P/E ratio of 32.69, a P/E/G ratio of 1.43 and a beta of 1.28. The company's 50-day simple moving average is $225.85 and its two-hundred day simple moving average is $212.38. 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 posted its earnings results 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 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 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 business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMZN shares. Susquehanna upped their target price on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. Truist Financial increased their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Tuesday, September 16th. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. JMP Securities reissued a "market outperform" rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, Wolfe Research increased their price objective on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Amazon.com currently has an average rating of "Buy" and a consensus target price of $266.26.

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.

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