Amazon.com, Inc. $AMZN Stock Position Decreased by DE Burlo Group Inc.

DE Burlo Group Inc. trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 200,745 shares of the e-commerce giant's stock after selling 18,400 shares during the period. Amazon.com comprises 5.6% of DE Burlo Group Inc.'s investment portfolio, making the stock its 2nd largest position. DE Burlo Group Inc.'s holdings in Amazon.com were worth $38,194,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD raised its holdings in shares of Amazon.com by 13.4% during the 1st quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 48,185 shares of the e-commerce giant's stock valued at $9,163,000 after buying an additional 5,685 shares in the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its holdings in shares of Amazon.com by 13.5% during the 1st quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 139,764 shares of the e-commerce giant's stock valued at $26,577,000 after buying an additional 16,575 shares in the last quarter. Mediolanum International Funds Ltd raised its holdings in shares of Amazon.com by 2.0% during the 1st quarter. Mediolanum International Funds Ltd now owns 1,039,498 shares of the e-commerce giant's stock valued at $200,332,000 after buying an additional 20,536 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its holdings in shares of Amazon.com by 0.6% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 5,319,992 shares of the e-commerce giant's stock valued at $1,012,182,000 after buying an additional 34,245 shares in the last quarter. Finally, Fischer Financial Services Inc. raised its holdings in shares of Amazon.com by 0.8% during the 1st quarter. Fischer Financial Services Inc. now owns 32,523 shares of the e-commerce giant's stock valued at $6,188,000 after buying an additional 253 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider owned 897,722,088 shares of the company's stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 25,097,911 shares of company stock valued at $5,675,986,299. 9.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of research reports. DA Davidson raised their price objective on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 1st. BNP Paribas upgraded Amazon.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. BMO Capital Markets raised their price target on Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Rosenblatt Securities raised their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Bank of America raised their price target on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Two research 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 data from MarketBeat, Amazon.com presently has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Trading Up 0.7%

NASDAQ AMZN traded up $1.70 on Thursday, hitting $230.82. The company's stock had a trading volume of 6,369,098 shares, compared to its average volume of 43,922,824. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. 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 company's 50-day simple moving average is $223.48 and its 200 day simple moving average is $208.13. The firm has a market cap of $2.46 trillion, a P/E ratio of 35.16, a PEG ratio of 1.53 and a beta of 1.31.

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, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.