Amazon.com, Inc. $AMZN Shares Sold by Blair William & Co. IL

Key Points

• Blair William & Co. IL reduced its stake in Amazon.com by 0.2% during the first quarter, now holding approximately 6.15 million shares valued at $1.17 billion, making Amazon its third-largest position.
• Amazon's stock has shown a 4.3% increase, trading at $235.68, following a strong earnings report where it beat analysts' expectations with earnings of $1.68 per share and revenue of $167.70 billion.
• Recent analyst upgrades raised Amazon's target price, with a notable increase from $245.00 to $262.00 by Stifel Nicolaus, reinforcing a generally positive outlook on the company's stock.

Blair William & Co. IL lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,150,856 shares of the e-commerce giant's stock after selling 12,488 shares during the period. Amazon.com comprises approximately 3.5% of Blair William & Co. IL's holdings, making the stock its 3rd biggest holding. Blair William & Co. IL owned about 0.06% of Amazon.com worth $1,170,262,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com during the 4th quarter worth $25,000. LSV Asset Management purchased a new stake in Amazon.com during the 4th quarter worth $35,000. Cooksen Wealth LLC purchased a new stake in Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter worth $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter worth $42,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AMZN. BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Royal Bank Of Canada boosted their target price 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. HSBC boosted their target price on shares of Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Robert W. Baird boosted their target price on shares of Amazon.com from $220.00 to $244.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Finally, Needham & Company LLC reissued a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Two investment 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $262.87.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's 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 directly owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 9.70% of the company's stock.

Amazon.com Stock Performance

Amazon.com stock traded down $3.35 during midday trading on Friday, reaching $232.33. 36,684,807 shares of the stock traded hands, compared to its average volume of 32,905,296. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average price of $225.74 and a two-hundred day moving average price of $208.13. The firm has a market cap of $2.48 trillion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.58 and a beta of 1.30. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating 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 net margin of 10.54% and a return on equity of 23.84%. Amazon.com's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast 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.