Amazon.com, Inc. $AMZN Position Boosted by Archford Capital Strategies LLC

Archford Capital Strategies LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 53,225 shares of the e-commerce giant’s stock after purchasing an additional 2,328 shares during the period. Amazon.com comprises about 1.5% of Archford Capital Strategies LLC’s investment portfolio, making the stock its 13th biggest holding. Archford Capital Strategies LLC’s holdings in Amazon.com were worth $11,677,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Ridgecrest Wealth Partners LLC grew its position in Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after purchasing an additional 45 shares in the last quarter. Bare Financial Services Inc boosted its holdings in Amazon.com by 5.4% in the first quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares in the last quarter. Heritage Oak Wealth Advisors LLC boosted its holdings in Amazon.com by 1.2% in the second quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after purchasing an additional 48 shares in the last quarter. Cobblestone Asset Management LLC boosted its holdings in Amazon.com by 3.1% during the second quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock valued at $367,000 after acquiring an additional 50 shares during the period. Finally, Seek First Inc. boosted its holdings in Amazon.com by 0.5% during the second quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock valued at $2,009,000 after acquiring an additional 50 shares during the period. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the transaction, the chief executive officer owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,597,911 shares of company stock worth $2,652,463,783. 10.80% of the stock is owned by company insiders.

Amazon.com Stock Performance

NASDAQ AMZN opened at $216.37 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The firm has a 50-day moving average price of $225.94 and a two-hundred day moving average price of $211.97.

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

Wall Street Analysts Forecast Growth

AMZN has been the subject of several recent research reports. Westpark Capital reissued a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st. BMO Capital Markets raised their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Amazon.com in a research note on Wednesday, October 8th. Rosenblatt Securities lifted their price target on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Truist Financial lifted their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. 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. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $266.26.

About Amazon.com

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.