Fusion Family Wealth LLC Makes New Investment in Amazon.com, Inc. $AMZN

Fusion Family Wealth LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 942 shares of the e-commerce giant’s stock, valued at approximately $207,000.

A number of other large investors have also recently made changes to their positions in AMZN. Wilson Asset Management International PTY Ltd. purchased a new position in shares of Amazon.com during the 2nd quarter worth approximately $11,102,000. Western Wealth Management LLC boosted its stake in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after buying an additional 1,297 shares in the last quarter. Flaharty Asset Management LLC grew its holdings in Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after acquiring an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in Amazon.com in the first quarter worth $514,000. Finally, Border to Coast Pensions Partnership Ltd lifted its holdings in Amazon.com by 6.0% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after acquiring an additional 63,924 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMZN. Evercore ISI upped their price target on shares of Amazon.com from $280.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Mizuho set a $315.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, November 4th. JMP Securities set a $300.00 target price on shares of Amazon.com in a report on Friday, October 31st. Robert W. Baird set a $285.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, Cowen restated a “buy” rating on shares of Amazon.com in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $294.15.

Amazon.com Trading Down 1.2%

Shares of Amazon.com stock opened at $234.69 on Friday. 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 1 year low of $161.38 and a 1 year high of $258.60. The company has a market capitalization of $2.51 trillion, a P/E ratio of 35.78, a P/E/G ratio of 1.52 and a beta of 1.29. The business has a 50 day moving average price of $228.70 and a 200 day moving average price of $220.49.

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

Insider Buying and Selling at Amazon.com

In related news, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were 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 approximately $695,286.66. The trade was a 85.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the sale, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 123,300 shares of company stock valued at $28,294,038. 9.70% of the stock is owned by company insiders.

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.