Keener Financial Planning LLC Has $123,000 Stake in Amazon.com, Inc. $AMZN

Keener Financial Planning LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 20.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 650 shares of the e-commerce giant’s stock after acquiring an additional 110 shares during the period. Keener Financial Planning LLC’s holdings in Amazon.com were worth $123,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in AMZN. GAMMA Investing LLC lifted its position in shares of Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock valued at $5,754,425,000 after buying an additional 30,104,520 shares during the last quarter. Capital World Investors lifted its position in shares of Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after buying an additional 17,681,004 shares during the last quarter. Capital International Investors lifted its holdings in Amazon.com by 26.5% during the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant’s stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares during the last quarter. Northern Trust Corp lifted its holdings in Amazon.com by 14.0% during the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant’s stock worth $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Amazon.com during the 4th quarter worth approximately $2,037,963,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on AMZN shares. Pivotal Research lifted their price target on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Cowen reissued a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Piper Sandler lifted their price target on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Wedbush lifted their price objective on shares of Amazon.com from $235.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Finally, Truist Financial lifted their price objective on shares of Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $262.87.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $232.33 on Friday. The stock has a market capitalization of $2.48 trillion, a PE ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business has a fifty day moving average price of $225.74 and a two-hundred day moving average price of $208.13. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the company posted $1.26 EPS. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Company insiders own 9.70% of the company’s stock.

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.