Strategic Advocates LLC Raises Holdings in Amazon.com, Inc. $AMZN

Key Points

• Strategic Advocates LLC increased its stake in Amazon.com by 5.5%, now owning 22,946 shares valued at $5,034,000, making Amazon its 14th largest position.
• During the second quarter, several other institutional investors also raised their positions in Amazon.com, with total institutional ownership at 72.20%.
• Amazon.com reported earnings of $1.68 EPS for the last quarter, surpassing analysts' expectations, with revenue up 13.3% year-over-year at $167.70 billion.

Strategic Advocates LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 22,946 shares of the e-commerce giant's stock after acquiring an additional 1,206 shares during the quarter. Amazon.com accounts for about 1.5% of Strategic Advocates LLC's portfolio, making the stock its 14th biggest holding. Strategic Advocates LLC's holdings in Amazon.com were worth $5,034,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Lpwm LLC grew its stake in Amazon.com by 1.8% in the 2nd quarter. Lpwm LLC now owns 6,679 shares of the e-commerce giant's stock valued at $1,465,000 after acquiring an additional 117 shares during the period. Little House Capital LLC grew its stake in Amazon.com by 6.8% in the 2nd quarter. Little House Capital LLC now owns 64,376 shares of the e-commerce giant's stock valued at $14,123,000 after acquiring an additional 4,109 shares during the period. Henrickson Nauta Wealth Advisors Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at $279,000. First National Corp MA ADV grew its stake in Amazon.com by 3.7% in the 2nd quarter. First National Corp MA ADV now owns 16,615 shares of the e-commerce giant's stock valued at $3,645,000 after acquiring an additional 586 shares during the period. Finally, FF Advisors LLC grew its stake in Amazon.com by 20.4% in the 2nd quarter. FF Advisors LLC now owns 3,983 shares of the e-commerce giant's stock valued at $874,000 after acquiring an additional 675 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wedbush reaffirmed an "outperform" rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Citigroup reissued an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Susquehanna boosted their price objective on Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $263.30.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Down 2.5%

NASDAQ AMZN traded down $5.71 during trading hours on Tuesday, hitting $221.92. 39,698,960 shares of the company were exchanged, compared to its average volume of 43,942,461. The company has a 50 day moving average of $227.85 and a two-hundred day moving average of $209.69. 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, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The firm has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.82, a PEG ratio of 1.55 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the business 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. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.