Highline Wealth Partners LLC Grows Position in Amazon.com, Inc. $AMZN

Highline Wealth Partners LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% in the second quarter, Holdings Channel.com reports. The firm owned 40,056 shares of the e-commerce giant’s stock after acquiring an additional 560 shares during the quarter. Amazon.com comprises about 2.6% of Highline Wealth Partners LLC’s portfolio, making the stock its 11th largest position. Highline Wealth Partners LLC’s holdings in Amazon.com were worth $8,788,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the first quarter worth $42,000. Finally, Maryland Capital Advisors Inc. raised its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN opened at $225.22 on Thursday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a 50-day moving average of $226.03 and a two-hundred day moving average of $211.58. The stock has a market cap of $2.40 trillion, a price-to-earnings ratio of 34.33, a PEG ratio of 1.48 and a beta of 1.28. 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 (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping 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 company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the company posted $1.26 earnings per share. The business’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 research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on AMZN. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Rosenblatt Securities raised their target price 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. Oppenheimer reduced their price objective on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Scotiabank raised their price objective on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 22nd. Finally, HSBC raised their price objective on shares of Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Three equities research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $266.26.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,313,335 shares of company stock valued at $4,164,795,815 in the last 90 days. Corporate insiders own 9.70% 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.