Jackson Wealth Management LLC Purchases 173 Shares of Amazon.com, Inc. $AMZN

Jackson Wealth Management LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,265 shares of the e-commerce giant’s stock after buying an additional 173 shares during the quarter. Jackson Wealth Management LLC’s holdings in Amazon.com were worth $6,201,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Curran Financial Partners LLC boosted its position in Amazon.com by 16.8% during the second quarter. Curran Financial Partners LLC now owns 9,102 shares of the e-commerce giant’s stock valued at $1,997,000 after purchasing an additional 1,309 shares in the last quarter. Barrett & Company Inc. grew its stake in Amazon.com by 1.6% in the second quarter. Barrett & Company Inc. now owns 23,477 shares of the e-commerce giant’s stock valued at $5,151,000 after purchasing an additional 370 shares during the last quarter. Montz Harcus Wealth Management LLC grew its stake in Amazon.com by 0.4% in the second quarter. Montz Harcus Wealth Management LLC now owns 24,406 shares of the e-commerce giant’s stock valued at $5,354,000 after purchasing an additional 88 shares during the last quarter. New Century Financial Group LLC grew its stake in Amazon.com by 124.1% in the second quarter. New Century Financial Group LLC now owns 6,054 shares of the e-commerce giant’s stock valued at $1,328,000 after purchasing an additional 3,352 shares during the last quarter. Finally, Phraction Management LLC grew its stake in Amazon.com by 1.2% in the second quarter. Phraction Management LLC now owns 118,988 shares of the e-commerce giant’s stock valued at $26,105,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

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. The company has a market cap of $2.27 trillion, a PE ratio of 32.48, a P/E/G ratio of 1.41 and a beta of 1.28. The business has a 50-day simple moving average of $225.66 and a two-hundred day simple moving average of $212.88. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In related news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, 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 SEC, which is available through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,591,479 shares of company stock valued at $1,512,698,663. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have issued reports on AMZN. Morgan Stanley reiterated an “overweight” rating on shares of Amazon.com in a research note on Wednesday, September 10th. UBS Group reiterated a “buy” rating and issued a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. BNP Paribas Exane upgraded Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price on the stock in a research note on Friday, June 27th. Finally, Piper Sandler lifted their target price on Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $266.26.

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.