Amazon.com, Inc. $AMZN is NWK Group Inc.'s 4th Largest Position

NWK Group Inc. lowered its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,694 shares of the e-commerce giant's stock after selling 1,244 shares during the quarter. Amazon.com makes up 5.9% of NWK Group Inc.'s portfolio, making the stock its 4th biggest holding. NWK Group Inc.'s holdings in Amazon.com were worth $12,879,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Covestor Ltd grew its holdings in Amazon.com by 3.9% during the 1st quarter. Covestor Ltd now owns 5,546 shares of the e-commerce giant's stock valued at $1,055,000 after buying an additional 206 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Amazon.com by 14.7% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 921,366 shares of the e-commerce giant's stock valued at $175,299,000 after buying an additional 118,033 shares in the last quarter. Riverpark Capital Management LLC grew its holdings in Amazon.com by 5.3% during the 1st quarter. Riverpark Capital Management LLC now owns 16,238 shares of the e-commerce giant's stock valued at $3,089,000 after buying an additional 820 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in Amazon.com during the 1st quarter valued at approximately $29,815,000. Finally, Townsquare Capital LLC grew its holdings in Amazon.com by 6.0% during the 1st quarter. Townsquare Capital LLC now owns 972,012 shares of the e-commerce giant's stock valued at $184,935,000 after buying an additional 54,886 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The stock was 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 $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. Insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AMZN shares. Rosenblatt Securities raised their price target on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a report on Friday, August 1st. Monness Crespi & Hardt raised their price target on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 1st. Evercore ISI restated an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Moffett Nathanson raised their price target on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Finally, Citizens Jmp assumed coverage on Amazon.com in a report on Thursday, July 10th. They issued a "strong-buy" rating for the company. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Price Performance

Shares of AMZN stock opened at $235.84 on Tuesday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. 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 firm has a market capitalization of $2.52 trillion, a P/E ratio of 35.95, a P/E/G ratio of 1.56 and a beta of 1.31. The stock has a 50 day moving average price of $226.07 and a 200 day moving average price of $208.03.

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

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.

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