Amazon.com, Inc. $AMZN Shares Sold by Beck Bode LLC

Beck Bode LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 64.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,208 shares of the e-commerce giant's stock after selling 2,186 shares during the quarter. Beck Bode LLC's holdings in Amazon.com were worth $230,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com during the 4th quarter worth approximately $25,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $42,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after purchasing an additional 2,145 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AMZN shares. Royal Bank Of Canada increased their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Wells Fargo & Company lifted their price objective on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 29th. DA Davidson increased their price objective on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated 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 completion of the transaction, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last ninety days. Company insiders own 9.70% of the company's stock.

Amazon.com Stock Down 0.2%

AMZN stock opened at $229.95 on Friday. The firm's fifty day simple moving average is $226.77 and its 200-day simple moving average is $208.52. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a market capitalization of $2.45 trillion, a P/E ratio of 35.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates 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 revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast 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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