Yoder Wealth Management Inc. Sells 1,350 Shares of Amazon.com, Inc. $AMZN

Key Points

• Yoder Wealth Management Inc. reduced its stake in Amazon.com, Inc. by 11.8%, selling 1,350 shares and owning 10,091 shares worth approximately $2,214,000 as of the latest SEC filing.
• Multiple hedge funds boosted their positions in Amazon.com during the second quarter, with Bank Hapoalim BM increasing its holdings by 6.2% and Sava Infond d.o.o. increasing by 5.0%.
• Analysts have set new price targets for Amazon.com, with Roth Capital targeting $250.00 and UBS Group raising its target to $271.00, reflecting a general consensus of a "Buy" rating.

Yoder Wealth Management Inc. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,091 shares of the e-commerce giant's stock after selling 1,350 shares during the quarter. Amazon.com comprises approximately 1.1% of Yoder Wealth Management Inc.'s holdings, making the stock its 27th largest position. Yoder Wealth Management Inc.'s holdings in Amazon.com were worth $2,214,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank Hapoalim BM boosted its position in shares of Amazon.com by 6.2% in the 2nd quarter. Bank Hapoalim BM now owns 43,450 shares of the e-commerce giant's stock worth $9,532,000 after purchasing an additional 2,521 shares in the last quarter. Sava Infond d.o.o. boosted its position in shares of Amazon.com by 5.0% in the 2nd quarter. Sava Infond d.o.o. now owns 121,190 shares of the e-commerce giant's stock worth $26,588,000 after purchasing an additional 5,810 shares in the last quarter. Apexium Financial LP boosted its position in shares of Amazon.com by 1.5% in the 2nd quarter. Apexium Financial LP now owns 42,983 shares of the e-commerce giant's stock worth $9,430,000 after purchasing an additional 651 shares in the last quarter. Pflug Koory LLC boosted its position in shares of Amazon.com by 7.3% in the 2nd quarter. Pflug Koory LLC now owns 8,057 shares of the e-commerce giant's stock worth $1,768,000 after purchasing an additional 546 shares in the last quarter. Finally, Quent Capital LLC boosted its position in shares of Amazon.com by 2.0% in the 2nd quarter. Quent Capital LLC now owns 40,362 shares of the e-commerce giant's stock worth $8,855,000 after purchasing an additional 779 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Roth Capital set a $250.00 price target on Amazon.com and gave the stock a "buy" rating in a research report on Tuesday, July 8th. UBS Group restated a "buy" rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Royal Bank Of Canada boosted their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Morgan Stanley restated an "overweight" rating on shares of Amazon.com in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $266.26.

Amazon.com Trading Up 1.6%

Shares of AMZN stock opened at $216.48 on Tuesday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm has a fifty day moving average price of $225.56 and a 200-day moving average price of $213.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market cap of $2.31 trillion, a price-to-earnings ratio of 33.00, a PEG ratio of 1.41 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the firm posted $1.26 EPS. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares of the company's stock, valued at $26,548,039.20. The trade was a 2.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction 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 directly owned 515,507 shares of the company's stock, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,252,009 shares of company stock worth $976,047,640. Company insiders own 10.80% of the company's stock.

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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