Amazon.com, Inc. $AMZN is Western Pacific Wealth Management LP’s 3rd Largest Position

Western Pacific Wealth Management LP lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,147 shares of the e-commerce giant’s stock after selling 283 shares during the quarter. Amazon.com accounts for about 8.4% of Western Pacific Wealth Management LP’s holdings, making the stock its 3rd biggest holding. Western Pacific Wealth Management LP’s holdings in Amazon.com were worth $8,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Arkfeld Wealth Strategies L.L.C. boosted its stake in Amazon.com by 0.6% during the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 131,889 shares of the e-commerce giant’s stock worth $29,473,000 after buying an additional 768 shares during the period. Ryan Investment Management Inc. purchased a new position in shares of Amazon.com in the second quarter valued at approximately $48,000. Oldfather Financial Services LLC boosted its stake in shares of Amazon.com by 2.8% in the second quarter. Oldfather Financial Services LLC now owns 2,144 shares of the e-commerce giant’s stock valued at $470,000 after purchasing an additional 59 shares during the period. Kozak & Associates Inc. boosted its stake in shares of Amazon.com by 1.9% in the second quarter. Kozak & Associates Inc. now owns 87,098 shares of the e-commerce giant’s stock valued at $19,383,000 after purchasing an additional 1,610 shares during the period. Finally, Charter Oak Capital Management LLC boosted its stake in shares of Amazon.com by 4.9% in the second quarter. Charter Oak Capital Management LLC now owns 7,723 shares of the e-commerce giant’s stock valued at $1,694,000 after purchasing an additional 363 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 21,997,911 shares of company stock valued at $4,989,630,574. Company insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 0.7%

Shares of Amazon.com stock opened at $219.78 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.50, a PEG ratio of 1.46 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company’s fifty day moving average is $227.44 and its two-hundred day moving average is $210.16.

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

Analyst Ratings Changes

Several research analysts have recently commented on AMZN shares. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective for the company in a research note on Friday, June 27th. Piper Sandler raised their price objective on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Cowen reissued a “buy” rating on shares of Amazon.com in a research note 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 company an “outperform” rating in a research note on Friday, August 1st. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $264.04.

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.