Central Asset Investments & Management Holdings HK Ltd Decreases Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• Central Asset Investments & Management Holdings HK Ltd significantly reduced its stake in Amazon.com by 78.8% during Q1, now holding 10,616 shares valued at approximately $2,020,000.
• Amazon's CEO, Andrew J. Jassy, sold 19,872 shares in August, resulting in a 0.90% decrease in his ownership, while the company saw insiders collectively sell over 25 million shares worth approximately $5.68 billion.
• Analysts are optimistic about Amazon's outlook, with numerous brokerages raising target prices and maintaining a consensus rating of "Buy" and an average price target of $262.87.

Central Asset Investments & Management Holdings HK Ltd lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 78.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,616 shares of the e-commerce giant's stock after selling 39,410 shares during the quarter. Amazon.com makes up approximately 3.4% of Central Asset Investments & Management Holdings HK Ltd's investment portfolio, making the stock its 8th largest position. Central Asset Investments & Management Holdings HK Ltd's holdings in Amazon.com were worth $2,020,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Amazon.com by 1.1% during 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 purchasing an additional 8,913,959 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Amazon.com by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after purchasing an additional 4,087,933 shares in the last quarter. Northern Trust Corp raised its stake in shares of 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Amazon.com by 14.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant's stock worth $14,474,471,000 after purchasing an additional 8,142,030 shares in the last quarter. Finally, Capital World Investors grew its holdings in Amazon.com by 36.8% during the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after purchasing an additional 17,681,004 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN traded down $7.91 during midday trading on Wednesday, reaching $230.33. 60,798,520 shares of the stock were exchanged, compared to its average volume of 32,696,864. The stock's 50 day simple moving average is $226.43 and its 200 day simple moving average is $208.24. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a market cap of $2.46 trillion, a P/E ratio of 35.11, a PEG ratio of 1.60 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) 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 firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the business posted $1.26 EPS. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity

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

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. Bank of America lifted their price target on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Roth Capital set a $250.00 price target on Amazon.com and gave the company a "buy" rating in a research note on Tuesday, July 8th. Barclays increased their price target on Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Westpark Capital restated a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Finally, Citizens Jmp assumed coverage on Amazon.com in a research note on Thursday, July 10th. They issued a "strong-buy" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Amazon.com has a consensus rating of "Buy" and a consensus target price 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.