Retirement Planning Group LLC Acquires 1,204 Shares of Amazon.com, Inc. $AMZN

Retirement Planning Group LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 26,741 shares of the e-commerce giant’s stock after acquiring an additional 1,204 shares during the period. Retirement Planning Group LLC’s holdings in Amazon.com were worth $5,867,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AMZN. Wilson Asset Management International PTY Ltd. bought a new position in shares of Amazon.com in the 2nd quarter worth approximately $11,102,000. Western Wealth Management LLC raised its position in Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after acquiring an additional 1,297 shares during the period. Flaharty Asset Management LLC boosted its stake in shares of Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after acquiring an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at $514,000. Finally, Border to Coast Pensions Partnership Ltd increased its stake in shares of Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after purchasing an additional 63,924 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on AMZN. Mizuho set a $315.00 price target on Amazon.com and gave the company an “outperform” rating in a report on Tuesday, November 4th. Citizens Jmp boosted their price objective on Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a research note on Friday, October 31st. Arete raised their target price on shares of Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, JMP Securities set a $300.00 target price on shares of Amazon.com in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Amazon.com has an average rating of “Buy” and an average target price of $294.15.

Insider Transactions at Amazon.com

In related news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 123,300 shares of company stock worth $28,294,038. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Down 2.7%

Shares of NASDAQ AMZN opened at $237.58 on Friday. 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. The firm’s 50-day moving average price is $228.65 and its 200-day moving average price is $220.16. The stock has a market capitalization of $2.54 trillion, a price-to-earnings ratio of 36.22, a P/E/G ratio of 1.52 and a beta of 1.29.

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

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.