Amazon.com, Inc. $AMZN Stock Position Lowered by Ilmarinen Mutual Pension Insurance Co

Key Points

• Ilmarinen Mutual Pension Insurance Co has reduced its stake in Amazon.com by 4.6%, now holding 1,337,716 shares, which account for 2.3% of its portfolio.
• Several institutional investors have increased their positions in Amazon, with Nuveen LLC purchasing a new stake valued at approximately $11.67 billion and GAMMA Investing LLC increasing its holdings by over 21,000%.
• Amazon's stock has received positive evaluations from analysts, with target prices revised upwards by firms like Deutsche Bank and Cantor Fitzgerald, suggesting strong growth potential.

Ilmarinen Mutual Pension Insurance Co decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,337,716 shares of the e-commerce giant's stock after selling 65,000 shares during the quarter. Amazon.com makes up 2.3% of Ilmarinen Mutual Pension Insurance Co's portfolio, making the stock its 7th biggest holding. Ilmarinen Mutual Pension Insurance Co's holdings in Amazon.com were worth $254,514,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at about $11,674,091,000. GAMMA Investing LLC boosted its stake in shares of Amazon.com by 21,420.5% during the 1st quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after acquiring an additional 30,104,520 shares during the last quarter. Northern Trust Corp grew its position 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 valued at $21,297,564,000 after acquiring an additional 11,926,749 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Amazon.com by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after purchasing an additional 10,176,835 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Amazon.com in the 4th quarter worth $2,037,963,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 1.5%

Amazon.com stock traded up $3.44 during midday trading on Tuesday, reaching $234.87. The stock had a trading volume of 24,107,871 shares, compared to its average volume of 43,616,891. 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, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The firm has a market cap of $2.50 trillion, a price-to-earnings ratio of 35.80, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. The company has a fifty day moving average of $227.03 and a 200 day moving average of $208.71.

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, beating the consensus estimate of $1.31 by $0.37. The business 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%.The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Westpark Capital reiterated a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Zacks Research cut shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Royal Bank Of Canada upped their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Citizens Jmp initiated coverage on shares of Amazon.com in a research report on Thursday, July 10th. They set a "strong-buy" rating on the stock. Two investment 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 data from MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus price target of $263.30.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company'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 transaction, the insider 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 legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. 10.80% of the stock is owned by insiders.

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.