N.E.W. Advisory Services LLC Acquires 5,331 Shares of Amazon.com, Inc. $AMZN

Key Points

• N.E.W. Advisory Services LLC increased its stake in Amazon.com, Inc. by 21.9%, acquiring an additional 5,331 shares, raising its total holdings to 29,654 shares valued at approximately $5.64 million.
• Insider Jeffrey P. Bezos sold over 4.27 million shares for approximately $960.67 million, reducing his ownership by 0.47%, while insiders have sold a total of around $5.68 billion in shares over the last ninety days.
• Amazon.com reported a better-than-expected quarterly earnings of $1.68 EPS, exceeding analysts' estimates, with revenue reaching $167.70 billion, a 13.3% increase year-over-year.

N.E.W. Advisory Services LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 21.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,654 shares of the e-commerce giant's stock after buying an additional 5,331 shares during the period. N.E.W. Advisory Services LLC's holdings in Amazon.com were worth $5,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. GAMMA Investing LLC grew its stake in shares of Amazon.com by 21,420.5% in 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 buying an additional 30,104,520 shares in the last quarter. Capital World Investors grew its stake in shares of Amazon.com by 36.8% in the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after buying an additional 17,681,004 shares in the last quarter. Capital International Investors grew its stake in shares of Amazon.com by 26.5% in the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after buying an additional 12,000,745 shares in the last quarter. Northern Trust Corp grew its stake in shares of Amazon.com by 14.0% in 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 buying an additional 11,926,749 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Amazon.com in the 4th quarter worth $2,037,963,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares of the company's stock, valued at $26,548,039.20. The trade was a 2.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,095,411 shares of company stock worth $5,675,473,849 over the last 90 days. Corporate insiders own 10.80% of the company's stock.

Amazon.com Trading Down 1.1%

Amazon.com stock traded down $2.60 during trading hours on Monday, hitting $229.00. The company had a trading volume of 26,167,914 shares, compared to its average volume of 37,773,448. The firm has a market cap of $2.44 trillion, a P/E ratio of 34.91, a P/E/G ratio of 1.54 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a 50-day moving average price of $224.66 and a two-hundred day moving average price of $207.80.

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMZN. Morgan Stanley reissued an "overweight" rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Thursday, August 14th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Evercore ISI reiterated an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Needham & Company LLC reiterated a "buy" rating and set a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus target price of $262.87.

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.