Advisors Asset Management Inc. Reduces Stake in Amazon.com, Inc. $AMZN

Key Points

• Advisors Asset Management Inc. reduced its stake in Amazon.com by 0.6%, selling 4,952 shares, and now holds 828,034 shares valued at approximately $157.5 million.
• VP Shelley Reynolds and CFO Brian T. Olsavsky both sold significant shares, contributing to a total of 25 million shares sold by insiders in the past quarter, which is valued at over $5.6 billion.
• In analyst ratings, Amazon.com has a consensus rating of Buy, with price targets from various analysts ranging from $235.00 to $285.00.

Advisors Asset Management Inc. decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 828,034 shares of the e-commerce giant's stock after selling 4,952 shares during the period. Amazon.com comprises about 3.0% of Advisors Asset Management Inc.'s holdings, making the stock its largest position. Advisors Asset Management Inc.'s holdings in Amazon.com were worth $157,542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of AMZN. Bare Financial Services Inc boosted its position in shares of Amazon.com by 5.4% during the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant's stock valued at $177,000 after acquiring an additional 48 shares during the last quarter. Talisman Wealth Advisors LLC raised its stake in Amazon.com by 1.2% in the fourth quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant's stock valued at $1,020,000 after purchasing an additional 53 shares in the last quarter. SWAN Capital LLC lifted its position in Amazon.com by 3.1% during the fourth quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant's stock valued at $396,000 after purchasing an additional 55 shares during the last quarter. Hamel Associates Inc. grew its stake in Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant's stock worth $780,000 after buying an additional 55 shares in the last quarter. Finally, CWC Advisors LLC. raised its position in shares of Amazon.com by 3.1% during the 4th quarter. CWC Advisors LLC. now owns 1,872 shares of the e-commerce giant's stock valued at $411,000 after buying an additional 56 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 0.8%

NASDAQ:AMZN traded down $1.80 during midday trading on Friday, reaching $228.15. 38,434,486 shares of the stock traded hands, compared to its average volume of 32,713,818. The stock has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a fifty day moving average of $226.87 and a 200 day moving average of $208.62. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its 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 net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm's 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 completion of the sale, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last ninety days. 9.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on AMZN shares. Roth Capital set a $250.00 target price on shares of Amazon.com and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Truist Financial increased their price objective on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Moffett Nathanson upped their target price on Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Susquehanna increased their price target on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Amazon.com from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Amazon.com currently has a consensus rating of "Buy" and a consensus target price of $262.87.

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.