TLW Wealth Management LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,880 shares of the e-commerce giant’s stock after acquiring an additional 1,565 shares during the period. Amazon.com comprises about 7.1% of TLW Wealth Management LLC’s portfolio, making the stock its 8th largest position. TLW Wealth Management LLC’s holdings in Amazon.com were worth $12,698,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the business. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the first quarter valued at approximately $36,000. Maryland Capital Advisors Inc. grew its holdings in Amazon.com by 81.9% in 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 last quarter. Ryan Investment Management Inc. purchased a new position in Amazon.com in the second quarter worth $48,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Amazon.com during the first quarter worth $59,000. Institutional investors own 72.20% of the company’s stock.
Insider Activity
In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $255.44, for a total transaction of $638,600.00. Following the completion of the sale, the chief executive officer owned 491,007 shares in the company, valued at approximately $125,422,828.08. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 123,300 shares of company stock valued at $28,294,038 in the last quarter. Insiders own 9.70% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. The business 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%.The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
AMZN has been the topic of a number of research analyst reports. Benchmark boosted their price target on Amazon.com from $260.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Monness Crespi & Hardt boosted their target price on shares of Amazon.com from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. BNP Paribas Exane lifted their price objective on shares of Amazon.com from $264.00 to $289.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Stifel Nicolaus lifted their target price on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Maxim Group increased their price target on shares of Amazon.com from $272.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $294.15.
Check Out Our Latest Research Report on AMZN
Amazon.com 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.
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