RFG Holdings Inc. Has $2.19 Million Position in Amazon.com, Inc. $AMZN

Key Points

• RFG Holdings Inc. increased its stake in Amazon.com by 20.8%, owning 9,996 shares valued at approximately $2.19 million, which represents 0.6% of its portfolio.
• Amazon reported a quarterly EPS of $1.68, surpassing estimates of $1.31, with a revenue of $167.70 billion, showing a 13.3% increase year-over-year.
• Wall Street analysts maintain a strong outlook for Amazon, with a consensus rating of "Buy" and an average target price of $264.04.

RFG Holdings Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 20.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,996 shares of the e-commerce giant's stock after purchasing an additional 1,719 shares during the period. Amazon.com accounts for 0.6% of RFG Holdings Inc.'s portfolio, making the stock its 19th largest holding. RFG Holdings Inc.'s holdings in Amazon.com were worth $2,193,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bare Financial Services Inc increased its position in Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after acquiring an additional 48 shares during the period. Talisman Wealth Advisors LLC boosted its stake in Amazon.com by 1.2% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock worth $1,020,000 after acquiring an additional 53 shares in the last quarter. Stonekeep Investments LLC boosted its stake in Amazon.com by 0.4% during the second quarter. Stonekeep Investments LLC now owns 13,811 shares of the e-commerce giant's stock worth $3,030,000 after acquiring an additional 54 shares in the last quarter. SWAN Capital LLC boosted its stake in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock worth $396,000 after acquiring an additional 55 shares in the last quarter. Finally, Hamel Associates Inc. lifted its stake in shares of Amazon.com by 1.4% in the first quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock valued at $780,000 after buying an additional 55 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 0.2%

Shares of Amazon.com stock opened at $220.21 on Thursday. 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 company's fifty day simple moving average is $227.68 and its two-hundred day simple moving average is $209.83. The company has a market cap of $2.35 trillion, a P/E ratio of 33.57, a PEG ratio of 1.47 and a beta of 1.30. 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 issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several analyst reports. The Goldman Sachs Group reiterated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Royal Bank Of Canada increased their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Wells Fargo & Company upgraded shares of Amazon.com from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $245.00 to $280.00 in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Buy" and an average target price of $264.04.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 9.70% of the company's stock.

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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