SilverOak Wealth Management LLC Grows Holdings in Amazon.com, Inc. $AMZN

SilverOak Wealth Management LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 37.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,346 shares of the e-commerce giant’s stock after acquiring an additional 2,813 shares during the quarter. Amazon.com accounts for approximately 0.4% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 29th biggest holding. SilverOak Wealth Management LLC’s holdings in Amazon.com were worth $2,270,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Kingstone Capital Partners Texas LLC increased its stake in shares of Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares in the last quarter. Northern Trust Corp increased its stake in shares of Amazon.com by 0.3% during the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares in the last quarter. Nuveen LLC acquired a new position in shares of Amazon.com during the 1st quarter worth about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after buying an additional 605,415 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMZN shares. Mizuho set a $315.00 target price on Amazon.com and gave the company an “outperform” rating in a research report on Tuesday. Wedbush restated an “outperform” rating and issued a $340.00 price objective on shares of Amazon.com in a report on Monday. Truist Financial set a $290.00 target price on shares of Amazon.com in a research note on Friday, October 31st. CIBC increased their target price on shares of Amazon.com to $315.00 in a research report on Monday, October 20th. Finally, CICC Research boosted their price target on shares of Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, fifty-four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $293.17.

Amazon.com Trading Up 0.6%

Shares of AMZN stock opened at $244.41 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The firm has a market cap of $2.61 trillion, a PE ratio of 37.26, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company has a 50-day moving average of $227.39 and a two-hundred day moving average of $218.43. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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. The business had revenue of $180.17 billion during 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 company’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.43 earnings per share. 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.

Insider Activity at Amazon.com

In other news, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the sale, the director owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The shares were 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 $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 128,084 shares of company stock valued at $29,405,457. 9.70% of the stock is owned by company 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.