Wealthcare Advisory Partners LLC Boosts Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Wealthcare Advisory Partners LLC increased its stake in Amazon.com by 10.2%, owning a total of 99,702 shares valued at approximately $21.87 million after acquiring additional shares in the second quarter.
• Several institutional investors have boosted their holdings in Amazon, with Border to Coast Pensions Partnership Ltd increasing its stake by 6.0% and now owning over 1.1 million shares valued at around $249.3 million.
• Research analysts are optimistic about Amazon's stock, with a current consensus rating of "Buy" and an average price target of $267.27.

Wealthcare Advisory Partners LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,702 shares of the e-commerce giant's stock after acquiring an additional 9,267 shares during the period. Wealthcare Advisory Partners LLC's holdings in Amazon.com were worth $21,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Western Wealth Management LLC boosted its stake in Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after acquiring an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC raised its holdings in shares of Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock valued at $968,000 after buying an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter valued at about $514,000. Border to Coast Pensions Partnership Ltd raised its holdings in shares of Amazon.com by 6.0% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant's stock valued at $249,295,000 after buying an additional 63,924 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. increased its holdings in Amazon.com by 5.3% in the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant's stock valued at $18,454,000 after buying an additional 4,265 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,741,053 shares of company stock valued at $630,824,413 in the last 90 days. Insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. HSBC increased their target price on shares of Amazon.com from $256.00 to $260.00 and gave the company a "buy" rating in a report on Monday, September 29th. Citigroup reaffirmed an "overweight" rating on shares of Amazon.com in a report on Wednesday, August 13th. Susquehanna increased their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a research report on Tuesday, July 1st. Finally, Bank of America increased their price target on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Three equities research 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. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $267.27.

Amazon.com Stock Up 2.6%

Shares of NASDAQ AMZN opened at $222.03 on Wednesday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm's 50 day moving average price is $225.57 and its 200 day moving average price is $213.26. The firm has a market cap of $2.37 trillion, a P/E ratio of 33.85, a price-to-earnings-growth ratio of 1.43 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.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 quarter last year, the business 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. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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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