Strategic Planning Group LLC Has $29.58 Million Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Strategic Planning Group LLC has increased its stake in Amazon.com, owning approximately $29.58 million worth of shares after expanding its holdings by 11.9% in the 2nd quarter.
• Insider trading activity revealed that senior executives sold a total of 21.77 million shares worth nearly $4.94 billion over the last quarter.
• Amazon.com reported a strong quarterly performance, with earnings per share of $1.68, surpassing analysts' estimates and marking a 13.3% year-over-year revenue increase.

Strategic Planning Group LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 134,824 shares of the e-commerce giant's stock after purchasing an additional 14,376 shares during the quarter. Amazon.com makes up 4.8% of Strategic Planning Group LLC's portfolio, making the stock its 2nd largest holding. Strategic Planning Group LLC's holdings in Amazon.com were worth $29,579,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com during the fourth quarter worth $25,000. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter valued at $40,000. Finally, Capitol Family Office Inc. acquired a new stake in shares of Amazon.com in the first quarter valued at $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company's stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,770,485 shares of company stock worth $4,938,795,968 over the last quarter. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Down 1.2%

AMZN stock opened at $219.57 on Wednesday. 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 firm has a market capitalization of $2.34 trillion, a PE ratio of 33.47, a PEG ratio of 1.48 and a beta of 1.30. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The business's 50 day simple moving average is $227.14 and its 200 day simple moving average is $210.58.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AMZN. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Bank of America lifted their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Wedbush reiterated an "outperform" rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Wells Fargo & Company upgraded Amazon.com from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $245.00 to $280.00 in a research report on Wednesday, September 24th. Finally, Stifel Nicolaus lifted their price objective on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Amazon.com has an average rating of "Buy" and an average price target of $265.09.

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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