Amazon.com, Inc. $AMZN Shares Acquired by Lord & Richards Wealth Management LLC

Lord & Richards Wealth Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 23.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,803 shares of the e-commerce giant’s stock after purchasing an additional 1,646 shares during the period. Amazon.com comprises 2.0% of Lord & Richards Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Lord & Richards Wealth Management LLC’s holdings in Amazon.com were worth $1,931,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Wilson Asset Management International PTY Ltd. purchased a new stake in Amazon.com in the 2nd quarter valued at approximately $11,102,000. ARK Investment Management LLC raised its holdings in shares of Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after acquiring an additional 86,978 shares during the last quarter. Buckhead Capital Management LLC raised its holdings in shares of Amazon.com by 16.1% in the second quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after acquiring an additional 3,948 shares during the last quarter. Flaharty Asset Management LLC lifted its position in shares of Amazon.com by 87.7% in the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after acquiring an additional 2,377 shares in the last quarter. Finally, Border to Coast Pensions Partnership Ltd boosted its stake in shares of Amazon.com by 6.0% during 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 last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Up 1.8%

Shares of NASDAQ AMZN opened at $233.30 on Monday. The stock has a market capitalization of $2.49 trillion, a PE ratio of 35.56, a P/E/G ratio of 1.52 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average of $227.52 and a 200-day moving average of $223.14. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60.

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AMZN. Truist Financial set a $290.00 target price on shares of Amazon.com in a research note on Friday, October 31st. TD Cowen boosted 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. Arete upped their price objective on shares of Amazon.com from $248.00 to $253.00 and gave the company a “buy” rating in a research note on Monday, October 27th. KeyCorp lifted their target price on shares of Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Cowen reiterated a “buy” rating on shares of Amazon.com in a report on Tuesday, November 25th. One 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 issued a Sell rating to the stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $295.78.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of Amazon.com stock in a transaction that occurred on Friday, October 31st. The shares were 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 of the company’s stock, valued at $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total transaction of $280,316.57. Following the completion of the sale, the director directly owned 26,148 shares of the company’s stock, valued at $5,925,398.28. The trade was a 4.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 82,234 shares of company stock worth $19,052,442. 9.70% of the stock is owned by insiders.

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.