Amazon.com, Inc. $AMZN Shares Sold by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP reduced its stake in Amazon.com by 74.1%, leaving them with 11,399 shares valued at approximately $2.17 million.
• Amazon CEO Andrew R. Jassy sold 19,872 shares at around $221.58 each, a transaction totaling approximately $4.4 million, reducing his ownership by 0.90%.
• Research analysts have recently upgraded Amazon’s price targets, with estimates now ranging as high as $297, reflecting a generally positive outlook on the stock.

GSA Capital Partners LLP trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 74.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,399 shares of the e-commerce giant's stock after selling 32,583 shares during the quarter. GSA Capital Partners LLP's holdings in Amazon.com were worth $2,169,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Federated Hermes Inc. increased its holdings in shares of Amazon.com by 6.8% in the 1st quarter. Federated Hermes Inc. now owns 3,576,374 shares of the e-commerce giant's stock valued at $680,441,000 after acquiring an additional 227,653 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Amazon.com by 43.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 152,787 shares of the e-commerce giant's stock valued at $29,069,000 after acquiring an additional 46,634 shares during the last quarter. Creekside Partners boosted its position in Amazon.com by 0.7% during the 1st quarter. Creekside Partners now owns 9,593 shares of the e-commerce giant's stock valued at $1,825,000 after purchasing an additional 66 shares during the period. N.E.W. Advisory Services LLC boosted its position in Amazon.com by 21.9% during the 1st quarter. N.E.W. Advisory Services LLC now owns 29,654 shares of the e-commerce giant's stock valued at $5,642,000 after purchasing an additional 5,331 shares during the period. Finally, TCTC Holdings LLC boosted its position in Amazon.com by 0.4% during the 1st quarter. TCTC Holdings LLC now owns 195,744 shares of the e-commerce giant's stock valued at $37,242,000 after purchasing an additional 821 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the firm's 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 sale, the chief executive officer owned 520,507 shares of the company's stock, valued at $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,097,911 shares of company stock worth $5,675,986,299. 9.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AMZN shares. Susquehanna boosted their price objective on Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Rosenblatt Securities boosted their price objective on Amazon.com from $288.00 to $297.00 and gave the company a "buy" rating in a research report on Friday, August 1st. DA Davidson boosted their price objective on Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, HSBC increased their price target on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $262.87.

Amazon.com Stock Performance

AMZN opened at $229.00 on Friday. The business has a fifty day simple moving average of $224.25 and a 200-day simple moving average of $208.10. The firm has a market cap of $2.44 trillion, a PE ratio of 34.91, a P/E/G ratio of 1.55 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. 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 announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. Amazon.com's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities 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.

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