Whelan Financial Grows Holdings in Amazon.com, Inc. $AMZN

Whelan Financial raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 10,252 shares of the e-commerce giant’s stock after acquiring an additional 683 shares during the period. Amazon.com makes up about 0.8% of Whelan Financial’s holdings, making the stock its 15th largest holding. Whelan Financial’s holdings in Amazon.com were worth $2,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Carderock Capital Management Inc. bought a new position in Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the first quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. lifted its holdings in Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on 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 transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,591,479 shares of company stock worth $1,512,698,663. 10.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AMZN shares. The Goldman Sachs Group lifted their price objective on shares of Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a report on Friday, October 3rd. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a report on Friday, August 1st. Oppenheimer lowered their price target on Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research report on Friday, August 1st. Westpark Capital reissued a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, Monness Crespi & Hardt boosted their price objective on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $266.26.

Amazon.com Stock Down 0.7%

Shares of 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. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The stock has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 32.48, a PEG ratio of 1.41 and a beta of 1.28. The stock has a 50 day moving average price of $225.66 and a 200 day moving average price of $212.88.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the prior year, the business posted $1.26 EPS. 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. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.