Amazon.com, Inc. $AMZN Stake Boosted by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 208.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,560 shares of the e-commerce giant’s stock after purchasing an additional 94,956 shares during the quarter. Amazon.com comprises approximately 2.5% of GC Wealth Management RIA LLC’s investment portfolio, making the stock its 7th biggest holding. GC Wealth Management RIA LLC’s holdings in Amazon.com were worth $30,837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the first quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. grew its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the company’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 in the company, valued at approximately $695,286.66. This represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP David Zapolsky sold 13,570 shares of the company’s 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 transaction, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,597,911 shares of company stock valued at $2,652,463,783. Insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 5.0%

Shares of Amazon.com stock opened at $216.37 on Monday. The firm has a 50-day simple moving average of $225.94 and a two-hundred day simple moving average of $211.97. The company has a market cap of $2.31 trillion, a P/E ratio of 32.98, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Moffett Nathanson boosted their price objective on shares of Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. Truist Financial boosted their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Oppenheimer dropped their price objective on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a report on Friday, August 1st. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research report on Thursday, September 11th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Amazon.com in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $266.26.

About Amazon.com

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.