Amazon.com, Inc. $AMZN Shares Acquired by Wolff Wiese Magana LLC

Wolff Wiese Magana LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.3% in the second quarter, Holdings Channel.com reports. The fund owned 14,974 shares of the e-commerce giant’s stock after purchasing an additional 2,094 shares during the period. Amazon.com makes up approximately 2.0% of Wolff Wiese Magana LLC’s investment portfolio, making the stock its 8th biggest position. Wolff Wiese Magana LLC’s holdings in Amazon.com were worth $3,285,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com during the second quarter valued at about $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter worth approximately $40,000. Maryland Capital Advisors Inc. increased its stake in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter worth approximately $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Down 5.0%

Shares of NASDAQ:AMZN opened at $216.37 on Monday. The company has a market capitalization of $2.31 trillion, a PE ratio of 32.98, a P/E/G ratio of 1.43 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The firm has a 50 day simple moving average of $225.94 and a 200-day simple moving average of $211.97.

Amazon.com (NASDAQ:AMZN) last released its quarterly 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. 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 prior year, the firm earned $1.26 EPS. Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on AMZN. Oppenheimer cut their target price on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research note on Friday, August 1st. Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Canaccord Genuity Group reaffirmed a “buy” rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Stifel Nicolaus boosted their price target on shares of Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $266.26.

Insider Transactions at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer 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 the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the company’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 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 11,597,911 shares of company stock worth $2,652,463,783 over the last 90 days. Company insiders own 10.80% of the company’s stock.

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.