Amazon.com, Inc. $AMZN Shares Purchased by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,406 shares of the e-commerce giant’s stock after purchasing an additional 88 shares during the quarter. Amazon.com comprises about 2.6% of Montz Harcus Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Montz Harcus Wealth Management LLC’s holdings in Amazon.com were worth $5,354,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC raised its stake in Amazon.com by 542,733.6% in the 2nd 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 acquiring an additional 132,616,953 shares during the last quarter. Nuveen LLC purchased a new position in Amazon.com in the 1st quarter worth $11,674,091,000. Goldman Sachs Group Inc. raised its stake in Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock worth $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. Vanguard Group Inc. raised its stake in Amazon.com by 1.1% in the 1st 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 last quarter. Finally, Amundi raised its stake in Amazon.com by 15.1% in the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock worth $9,884,098,000 after acquiring an additional 7,267,277 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $213.04 on Monday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.27 trillion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. The stock’s 50-day moving average price is $225.66 and its 200-day moving average price is $212.88.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the firm earned $1.26 EPS. The company’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated 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 completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,591,479 shares of company stock worth $1,512,698,663 in the last quarter. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on AMZN shares. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Truist Financial raised their target price on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Piper Sandler raised their target price on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $266.26.

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.