WCM Investment Management LLC Boosts Stock Position in Amazon.com, Inc. $AMZN

WCM Investment Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,170,680 shares of the e-commerce giant’s stock after buying an additional 310,414 shares during the quarter. Amazon.com comprises approximately 3.1% of WCM Investment Management LLC’s holdings, making the stock its 9th largest position. WCM Investment Management LLC owned approximately 0.06% of Amazon.com worth $1,377,913,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Ridgecrest Wealth Partners LLC grew its stake in shares of Amazon.com by 0.5% during the second quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after buying an additional 45 shares during the last quarter. Bare Financial Services Inc lifted its stake in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock valued at $177,000 after acquiring an additional 48 shares during the last quarter. Heritage Oak Wealth Advisors LLC boosted its holdings in Amazon.com by 1.2% during the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock valued at $862,000 after acquiring an additional 48 shares during the period. Cobblestone Asset Management LLC grew its position in Amazon.com by 3.1% during the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after acquiring an additional 50 shares during the last quarter. Finally, Seek First Inc. grew its position in Amazon.com by 0.5% during the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 0.6%

NASDAQ:AMZN opened at $244.41 on Friday. The company has a 50-day moving average price of $227.39 and a 200-day moving average price of $218.43. The stock has a market cap of $2.61 trillion, a price-to-earnings ratio of 37.26, a P/E/G ratio of 1.52 and a beta of 1.29. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

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

Analysts Set New Price Targets

Several brokerages have weighed in on AMZN. BNP Paribas Exane boosted their price objective on Amazon.com from $264.00 to $289.00 and gave the company an “outperform” rating in a research report on Monday, November 3rd. Citizens Jmp lifted their target price on shares of Amazon.com from $285.00 to $300.00 and gave the stock a “market outperform” rating in a research note on Friday, October 31st. CICC Research increased their price target on shares of Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday. Zacks Research raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Finally, Pivotal Research upped their price objective on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $293.17.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $5,500,660.00. Following the completion of the transaction, the chief executive officer owned 493,507 shares in the company, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at $10,914,260. This represents a 26.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 128,084 shares of company stock worth $29,405,457. 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.