Revisor Wealth Management LLC Increases Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Revisor Wealth Management LLC increased its holdings in Amazon.com, Inc. by 11.8% in Q2, reaching a total of 12,547 shares valued at approximately $2.79 million.
• Several institutional investors recently purchased shares, with 72.20% of the stock currently owned by hedge funds and other institutions.
• Wall Street analysts have a consensus "Buy" rating for Amazon, with target prices ranging from $235 to $285.

Revisor Wealth Management LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,547 shares of the e-commerce giant's stock after purchasing an additional 1,323 shares during the period. Amazon.com accounts for 1.0% of Revisor Wealth Management LLC's investment portfolio, making the stock its 19th biggest position. Revisor Wealth Management LLC's holdings in Amazon.com were worth $2,789,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com during the fourth quarter valued at about $25,000. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the second quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the first quarter worth approximately $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the first quarter worth approximately $40,000. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter worth about $42,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several analyst reports. Piper Sandler upped their target price on Amazon.com from $250.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Barclays increased their price target on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a 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 report on Friday, August 1st. Finally, Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $265.09.

Amazon.com Trading Up 0.8%

Shares of NASDAQ:AMZN opened at $222.41 on Friday. The company has a market cap of $2.37 trillion, a PE ratio of 33.90, a P/E/G ratio of 1.47 and a beta of 1.28. The company's 50-day moving average price is $226.79 and its 200 day moving average price is $210.83. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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 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 period in the previous year, the firm earned $1.26 EPS. Amazon.com's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In related news, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. The trade was a 2.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 20,842,622 shares of company stock worth $4,731,205,179. 9.70% of the stock is 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.

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.