Accredited Investors Inc. Sells 34,521 Shares of Amazon.com, Inc. $AMZN

Key Points

• Accredited Investors Inc. reduced its holdings in Amazon.com by 11.9%, selling 34,521 shares and now owns 255,468 shares, which represents about 3.0% of their portfolio.
• Multiple institutional investors, including Vanguard Group and FMR LLC, increased their stakes in Amazon.com during the last quarter, contributing to 72.20% of the stock being owned by institutional investors.
• Amazon reported a quarterly EPS of $1.68, exceeding estimates, with revenue reaching $167.70 billion, marking a 13.3% year-over-year increase.

Accredited Investors Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 255,468 shares of the e-commerce giant's stock after selling 34,521 shares during the quarter. Amazon.com makes up 3.0% of Accredited Investors Inc.'s portfolio, making the stock its 12th biggest position. Accredited Investors Inc.'s holdings in Amazon.com were worth $48,605,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of AMZN. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com during the fourth quarter valued at $25,000. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at $27,000. LSV Asset Management purchased a new stake in shares of Amazon.com during the fourth quarter valued at $35,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $40,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Performance

Shares of NASDAQ AMZN traded up $6.89 during trading on Friday, hitting $228.84. The company had a trading volume of 37,264,095 shares, compared to its average volume of 46,830,960. The stock has a 50 day simple moving average of $222.63 and a 200 day simple moving average of $208.26. 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 12 month low of $161.38 and a 12 month high of $242.52. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 34.88, a price-to-earnings-growth ratio of 1.49 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping 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 firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the company earned $1.26 earnings per share. The business'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, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 2,643,142 shares of Amazon.com stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the sale, the insider owned 883,779,901 shares of the company's stock, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 4,784 shares of Amazon.com stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the sale, the chief executive officer directly owned 510,255 shares in the company, valued at $118,542,441.60. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,012,284 shares of company stock worth $5,656,976,492 in the last three months. 9.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AMZN has been the topic of several recent analyst reports. Wells Fargo & Company increased their price objective on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 29th. Moffett Nathanson raised their target price on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Oppenheimer dropped their target price 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. Finally, Cowen reissued a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $262.87.

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.