Strategic Investment Solutions Inc. IL Boosts Stake in Amazon.com, Inc. $AMZN

Key Points

• Strategic Investment Solutions Inc. increased its stake in Amazon.com by 32.1%, holding 12,079 shares valued at approximately $2.65 million, making Amazon its 28th largest investment.
• In the second quarter, several hedge funds, including EdgeRock Capital and Patron Partners, also increased their investments in Amazon, with hedge funds now owning 72.20% of the company's stock.
• Amazon's latest quarterly earnings showed a significant increase in revenue, reporting $167.70 billion, exceeding analyst expectations, along with an EPS of $1.68 compared to the consensus estimate of $1.31.

Strategic Investment Solutions Inc. IL increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 32.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,079 shares of the e-commerce giant's stock after buying an additional 2,933 shares during the period. Amazon.com accounts for about 0.8% of Strategic Investment Solutions Inc. IL's investment portfolio, making the stock its 28th biggest position. Strategic Investment Solutions Inc. IL's holdings in Amazon.com were worth $2,650,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. EdgeRock Capital LLC lifted its position in shares of Amazon.com by 9.2% in the second quarter. EdgeRock Capital LLC now owns 12,302 shares of the e-commerce giant's stock worth $2,702,000 after buying an additional 1,035 shares in the last quarter. Patron Partners LLC raised its position in Amazon.com by 3.4% during the second quarter. Patron Partners LLC now owns 27,414 shares of the e-commerce giant's stock valued at $6,014,000 after purchasing an additional 904 shares during the period. BankPlus Wealth Management LLC raised its position in Amazon.com by 2.6% during the second quarter. BankPlus Wealth Management LLC now owns 4,208 shares of the e-commerce giant's stock valued at $923,000 after purchasing an additional 108 shares during the period. FORM Wealth Advisors LLC purchased a new stake in Amazon.com during the second quarter valued at approximately $252,000. Finally, Crown Wealth Group LLC raised its position in Amazon.com by 4.2% during the second quarter. Crown Wealth Group LLC now owns 19,034 shares of the e-commerce giant's stock valued at $4,176,000 after purchasing an additional 772 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Up 0.4%

Shares of NASDAQ:AMZN opened at $221.78 on Wednesday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The stock has a market cap of $2.37 trillion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28. The business's 50 day moving average is $226.13 and its 200 day moving average is $211.48. 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 announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) 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 analysts' expectations of $161.80 billion. During the same quarter in the prior year, the firm earned $1.26 earnings per share. Amazon.com's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMZN shares. Bank of America upped their price objective on Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Citigroup restated an "overweight" rating on shares of Amazon.com in a research report on Wednesday, August 13th. Canaccord Genuity Group restated a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Roth Capital set a $250.00 price objective on Amazon.com and gave the company a "buy" rating in a research report on Tuesday, July 8th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $266.26.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the sale, the insider owned 890,273,469 shares of the company's stock, valued at approximately $202,777,588,034.13. This trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,313,335 shares of company stock worth $4,164,795,815 in the last ninety days. 10.80% of the stock is owned by company insiders.

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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