RMR Wealth Builders Grows Stake in Amazon.com, Inc. $AMZN

Key Points

• RMR Wealth Builders increased its stake in Amazon.com by 2.0%, bringing its total shares to 72,315, valued at approximately $15.87 million.
• Insider Jeffrey P. Bezos sold over 4.27 million shares of Amazon for approximately $960.67 million, reducing his ownership by 0.47%.
• Amazon received multiple price target increases from analysts, with the consensus price target now at $263.30 and a majority rating of "Buy".

RMR Wealth Builders grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 72,315 shares of the e-commerce giant's stock after buying an additional 1,424 shares during the quarter. Amazon.com makes up about 1.4% of RMR Wealth Builders' investment portfolio, making the stock its 16th largest holding. RMR Wealth Builders' holdings in Amazon.com were worth $15,865,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Amazon.com by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. Northern Trust Corp lifted its stake in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant's stock valued at $18,527,354,000 after purchasing an additional 302,858 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Amazon.com by 14.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant's stock valued at $14,474,471,000 after purchasing an additional 8,142,030 shares during the period. Nuveen LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at approximately $11,674,091,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant's stock valued at $11,461,952,000 after purchasing an additional 605,415 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 in the last quarter. 9.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on AMZN. Royal Bank Of Canada raised their target price on Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Westpark Capital reiterated a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Jefferies Financial Group reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, September 11th. Moffett Nathanson lifted their price objective on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Finally, Pivotal Research lifted their price objective on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Two research 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 stock currently has a consensus rating of "Buy" and a consensus price target of $263.30.

Amazon.com Stock Performance

Shares of AMZN opened at $231.48 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a market capitalization of $2.47 trillion, a P/E ratio of 35.29, a PEG ratio of 1.54 and a beta of 1.30. The business has a fifty day moving average of $227.81 and a 200 day moving average of $209.42.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during 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%.Amazon.com's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate 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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