Redwood Wealth Management Group LLC Purchases 407 Shares of Amazon.com, Inc. $AMZN

Redwood Wealth Management Group LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,263 shares of the e-commerce giant’s stock after purchasing an additional 407 shares during the quarter. Amazon.com makes up approximately 1.7% of Redwood Wealth Management Group LLC’s holdings, making the stock its 10th biggest holding. Redwood Wealth Management Group LLC’s holdings in Amazon.com were worth $3,787,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Palogic Value Management L.P. increased its holdings in shares of Amazon.com by 0.9% during the second quarter. Palogic Value Management L.P. now owns 18,081 shares of the e-commerce giant’s stock worth $3,967,000 after buying an additional 156 shares in the last quarter. Meridian Management Co. grew its position in Amazon.com by 2.2% during the 2nd quarter. Meridian Management Co. now owns 29,122 shares of the e-commerce giant’s stock worth $6,818,000 after acquiring an additional 625 shares during the last quarter. Integrity Financial Corp WA increased its holdings in Amazon.com by 5.9% during the 2nd quarter. Integrity Financial Corp WA now owns 11,030 shares of the e-commerce giant’s stock valued at $2,420,000 after purchasing an additional 614 shares in the last quarter. Gilbert & Cook Inc. raised its position in Amazon.com by 2.5% in the 2nd quarter. Gilbert & Cook Inc. now owns 28,254 shares of the e-commerce giant’s stock valued at $6,199,000 after purchasing an additional 680 shares during the last quarter. Finally, TIAA Trust National Association boosted its stake in Amazon.com by 8.0% in the second quarter. TIAA Trust National Association now owns 892,179 shares of the e-commerce giant’s stock worth $195,736,000 after purchasing an additional 66,361 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other news, Director Jonathan Rubinstein sold 8,173 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This represents a 9.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 22,000 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the transaction, the chief executive officer directly owned 493,507 shares in the company, valued at $123,391,555.21. The trade was a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 82,234 shares of company stock valued at $19,052,442. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 1.8%

Shares of NASDAQ AMZN opened at $233.30 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The firm has a market capitalization of $2.49 trillion, a P/E ratio of 35.56, a P/E/G ratio of 1.52 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company’s 50 day simple moving average is $227.52 and its 200 day simple moving average is $222.97.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating the consensus estimate of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AMZN. Sanford C. Bernstein set a $300.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Friday, October 31st. TD Cowen raised their price objective on shares of Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a research report 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 note on Friday, October 31st. Barclays reiterated an “overweight” rating and set a $300.00 target price (up from $275.00) on shares of Amazon.com in a research report on Friday, October 31st. Finally, Citizens Jmp raised their price target on shares of Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $295.78.

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.