TD Private Client Wealth LLC Increases Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• TD Private Client Wealth LLC increased its holdings in Amazon.com, Inc. by 2.8% during Q2, now owning 162,271 shares valued at approximately $35.6 million.
• In a significant insider transaction, Jeffrey P. Bezos sold over 4 million shares, amounting to nearly $961 million, reducing his ownership by 0.47%.
• Amazon.com reported a quarterly EPS of $1.68, exceeding analyst expectations of $1.31, with revenue surpassing estimates at $167.70 billion, marking a 13.3% year-over-year increase.

TD Private Client Wealth LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 162,271 shares of the e-commerce giant's stock after purchasing an additional 4,482 shares during the period. Amazon.com comprises 0.9% of TD Private Client Wealth LLC's portfolio, making the stock its 25th biggest holding. TD Private Client Wealth LLC's holdings in Amazon.com were worth $35,601,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Smith & Howard Wealth Management LLC boosted its position in Amazon.com by 5.8% in the second quarter. Smith & Howard Wealth Management LLC now owns 4,034 shares of the e-commerce giant's stock worth $885,000 after purchasing an additional 220 shares during the last quarter. Mather Group LLC. raised its stake in shares of Amazon.com by 13.5% in the second quarter. Mather Group LLC. now owns 69,831 shares of the e-commerce giant's stock worth $15,320,000 after buying an additional 8,327 shares during the period. McCarthy & Cox bought a new position in shares of Amazon.com in the second quarter worth about $201,000. Carr Financial Group Corp raised its stake in shares of Amazon.com by 11.2% in the second quarter. Carr Financial Group Corp now owns 18,845 shares of the e-commerce giant's stock worth $4,134,000 after buying an additional 1,897 shares during the period. Finally, Foster Victor Wealth Advisors LLC raised its stake in shares of Amazon.com by 4.1% in the second quarter. Foster Victor Wealth Advisors LLC now owns 179,171 shares of the e-commerce giant's stock worth $39,873,000 after buying an additional 7,114 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's 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 completion of the transaction, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders sold 20,845,122 shares of company stock valued at $4,731,747,929. 9.70% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $219.51 on Friday. The stock has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a 50 day moving average price of $226.55 and a 200-day moving average price of $211.13. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

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

Analyst Ratings Changes

Several research firms have recently commented on AMZN. Moffett Nathanson raised their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Robert W. Baird raised their price objective on Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. Wolfe Research raised their price objective on Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Scotiabank raised their price objective on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, July 22nd. Finally, Pivotal Research raised their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $266.26.

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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