RWA Wealth Partners LLC Has $27.87 Million Stake in Amazon.com, Inc. $AMZN

Key Points

• RWA Wealth Partners LLC reduced its stake in Amazon.com, Inc. by 14.2%, holding 146,474 shares valued at approximately $27.87 million as of the end of the first quarter.
• CEO Andrew R. Jassy sold 19,872 shares at an average price of $221.58, resulting in a 0.90% decrease in his ownership of Amazon stock.
• Amazon.com has a current market cap of $2.46 trillion and reported a revenue of $167.70 billion for the last quarter, surpassing analyst expectations.

RWA Wealth Partners LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 14.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,474 shares of the e-commerce giant's stock after selling 24,157 shares during the quarter. RWA Wealth Partners LLC's holdings in Amazon.com were worth $27,868,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bare Financial Services Inc raised its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after buying an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC grew its stake in Amazon.com by 1.2% in the 4th 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. SWAN Capital LLC grew its stake in Amazon.com by 3.1% in the 4th 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. Hamel Associates Inc. grew its stake in Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after acquiring an additional 55 shares in the last quarter. Finally, CWC Advisors LLC. boosted its stake in shares of Amazon.com by 3.1% during the fourth quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after purchasing an additional 56 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the transaction, the chief executive officer owned 518,007 shares of the company's stock, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,676,032,574 over the last 90 days. Company insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $230.33 on Thursday. The firm's 50 day moving average price is $226.63 and its 200-day moving average price is $208.40. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The firm has a market cap of $2.46 trillion, a P/E ratio of 35.11, a P/E/G ratio of 1.60 and a beta of 1.30.

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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the business posted $1.26 EPS. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. BMO Capital Markets raised their target price on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, Robert W. Baird raised their price target on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $262.87.

About Amazon.com

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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