BlueChip Wealth Advisors LLC Boosts Stock Holdings in Amazon.com, Inc. $AMZN

BlueChip Wealth Advisors LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,414 shares of the e-commerce giant’s stock after buying an additional 768 shares during the quarter. BlueChip Wealth Advisors LLC’s holdings in Amazon.com were worth $1,188,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Amazon.com during the second quarter worth about $11,102,000. Western Wealth Management LLC increased its holdings in Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Flaharty Asset Management LLC raised its position in Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Amazon.com in the 1st quarter worth approximately $514,000. Finally, Border to Coast Pensions Partnership Ltd grew its position in shares of Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after buying an additional 63,924 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.2%

NASDAQ:AMZN opened at $234.69 on Friday. The firm has a market capitalization of $2.51 trillion, a P/E ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The company’s 50-day simple moving average is $228.70 and its 200 day simple moving average is $220.49.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. During the same period last year, the business earned $1.43 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on AMZN. Citizens Jmp upped their target price on Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a report on Friday, October 31st. Monness Crespi & Hardt upped their price objective on shares of Amazon.com from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Wedbush reaffirmed an “outperform” rating and issued a $340.00 target price on shares of Amazon.com in a research report on Monday, November 3rd. Rosenblatt Securities boosted their price target on shares of Amazon.com from $298.00 to $305.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Daiwa Capital Markets increased their price target on shares of Amazon.com from $254.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus price target of $294.15.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares of the company’s stock, valued at $695,286.66. The trade was a 85.00% 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, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 123,300 shares of company stock valued at $28,294,038 in the last ninety days. Corporate insiders own 9.70% of the company’s stock.

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.