Amazon.com, Inc. $AMZN is AFG Fiduciary Services Limited Partnership's 5th Largest Position

Key Points

• AFG Fiduciary Services Limited Partnership reduced its stake in Amazon.com, lowering its position by 4.9% to hold 30,053 shares, making it the fifth largest investment in their portfolio.
• Amazon reported a strong quarter with $1.68 EPS, surpassing analysts' expectations of $1.31, alongside revenues of $167.70 billion, a 13.3% year-over-year increase.
• Insider Jeffrey P. Bezos sold over 4.2 million shares of Amazon stock recently, reducing his ownership by 0.47% while still retaining a significant ownership stake valued over $201 billion.

AFG Fiduciary Services Limited Partnership cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,053 shares of the e-commerce giant's stock after selling 1,553 shares during the quarter. Amazon.com makes up 1.8% of AFG Fiduciary Services Limited Partnership's investment portfolio, making the stock its 5th largest position. AFG Fiduciary Services Limited Partnership's holdings in Amazon.com were worth $6,625,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AMZN. Kingstone Capital Partners Texas LLC grew its holdings in shares of Amazon.com by 542,733.6% during the second 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 buying an additional 132,616,953 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter worth about $11,674,091,000. GAMMA Investing LLC grew its holdings in shares of Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after buying an additional 30,104,520 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Amazon.com during the fourth quarter worth about $2,037,963,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Up 0.7%

NASDAQ AMZN opened at $219.78 on Friday. The company's fifty day simple moving average is $227.44 and its 200-day simple moving average is $210.23. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.34 trillion, a P/E ratio of 33.50, a PEG ratio of 1.47 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 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 business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period in the previous year, the company posted $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. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

AMZN has been the subject of a number of recent analyst reports. Westpark Capital restated a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Canaccord Genuity Group restated a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Morgan Stanley restated an "overweight" rating on shares of Amazon.com in a report on Wednesday, September 10th. BNP Paribas Exane upgraded shares of Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price for the company in a report on Friday, June 27th. Finally, Pivotal Research boosted their target price on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $264.04.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction 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 directly owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 21,997,911 shares of company stock worth $4,989,630,574 over the last 90 days. Insiders own 9.70% of the company's stock.

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.

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