Whelan Financial Buys 683 Shares of Amazon.com, Inc. $AMZN

Whelan Financial increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 7.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,252 shares of the e-commerce giant’s stock after purchasing an additional 683 shares during the period. Amazon.com makes up 0.8% of Whelan Financial’s portfolio, making the stock its 15th biggest position. Whelan Financial’s holdings in Amazon.com were worth $2,249,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Carderock Capital Management Inc. bought a new position in shares of Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC bought a new position in shares of Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the 1st quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. lifted its position in Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Down 0.7%

Shares of NASDAQ AMZN opened at $213.04 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The firm has a 50 day moving average price of $225.66 and a two-hundred day moving average price of $212.88. The stock has a market cap of $2.27 trillion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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%. Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on AMZN shares. Wells Fargo & Company raised shares of Amazon.com from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $245.00 to $280.00 in a research report on Wednesday, September 24th. Needham & Company LLC restated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. JMP Securities restated a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Citizens Jmp assumed coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $266.26.

Insider Activity at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the business’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 owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,591,479 shares of company stock valued at $1,512,698,663 over the last three months. Insiders own 10.80% 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.