Amazon.com, Inc. $AMZN Position Trimmed by Baillie Gifford & Co.

Baillie Gifford & Co. lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,831,430 shares of the e-commerce giant's stock after selling 1,220,727 shares during the quarter. Amazon.com makes up approximately 5.8% of Baillie Gifford & Co.'s portfolio, making the stock its 2nd biggest position. Baillie Gifford & Co. owned 0.33% of Amazon.com worth $6,627,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in AMZN. Western Wealth Management LLC raised its position in Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Amazon.com during the first quarter valued at approximately $514,000. Bearing Point Capital LLC purchased a new stake in Amazon.com in the fourth quarter worth $12,014,000. Evergreen Capital Management LLC boosted its holdings in Amazon.com by 0.5% in the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after acquiring an additional 1,198 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock valued at $759,434,000 after purchasing an additional 2,196,353 shares during the period. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the transaction, the chief executive officer owned 520,507 shares in the company, valued at approximately $115,354,761.34. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,097,911 shares of company stock worth $5,675,986,299. 10.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of research reports. Canaccord Genuity Group reaffirmed a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Robert W. Baird boosted their target price on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Wall Street Zen raised Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Stifel Nicolaus upped their price target on Amazon.com from $245.00 to $262.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $262.87.

Amazon.com Price Performance

NASDAQ AMZN traded up $0.15 on Wednesday, reaching $228.86. The company had a trading volume of 12,887,969 shares, compared to its average volume of 44,108,418. The stock has a market capitalization of $2.44 trillion, a PE ratio of 34.92, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm's 50 day moving average price is $223.15 and its 200 day moving average price is $207.99.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the prior year, the company earned $1.26 earnings per share. The firm's revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.