Amazon.com, Inc. $AMZN Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt reduced its stake in Amazon.com by 79.2%, owning 71,150 shares after selling 270,400 shares in the second quarter.
• Institutional investors and hedge funds now hold 72.20% of Amazon's shares, reflecting significant recent trading activity with various investors increasing their positions.
• Amazon's stock has shown strong performance, with a market cap of $2.34 trillion and reported earnings that surpassed analyst expectations, posting $1.68 EPS compared to a consensus estimate of $1.31.

Livforsakringsbolaget Skandia Omsesidigt decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 79.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,150 shares of the e-commerce giant's stock after selling 270,400 shares during the period. Amazon.com makes up 0.7% of Livforsakringsbolaget Skandia Omsesidigt's portfolio, making the stock its 29th biggest position. Livforsakringsbolaget Skandia Omsesidigt's holdings in Amazon.com were worth $15,607,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Mandatum Life Insurance Co Ltd increased its stake in Amazon.com by 6.5% during the 2nd quarter. Mandatum Life Insurance Co Ltd now owns 8,551 shares of the e-commerce giant's stock valued at $1,876,000 after buying an additional 525 shares during the period. Kingstone Capital Partners Texas LLC increased its stake in Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant's stock valued at $29,100,194,000 after buying an additional 132,616,953 shares during the period. IFM Investors Pty Ltd boosted its position in shares of Amazon.com by 5.0% during the 2nd quarter. IFM Investors Pty Ltd now owns 1,833,933 shares of the e-commerce giant's stock valued at $402,347,000 after purchasing an additional 86,792 shares in the last quarter. Perkins Coie Trust Co boosted its position in shares of Amazon.com by 1.9% during the 2nd quarter. Perkins Coie Trust Co now owns 42,187 shares of the e-commerce giant's stock valued at $9,255,000 after purchasing an additional 767 shares in the last quarter. Finally, Sky Investment Group LLC boosted its position in shares of Amazon.com by 0.8% during the 2nd quarter. Sky Investment Group LLC now owns 33,733 shares of the e-commerce giant's stock valued at $7,401,000 after purchasing an additional 258 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN opened at $219.78 on Friday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a 50-day moving average of $227.44 and a two-hundred day moving average of $210.16. The stock has a market cap of $2.34 trillion, a price-to-earnings ratio of 33.50, a PEG ratio of 1.46 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 announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same period last year, the company posted $1.26 earnings per share. The business's revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AMZN shares. Royal Bank Of Canada raised their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. BMO Capital Markets raised their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Stifel Nicolaus raised their price objective on shares of Amazon.com from $245.00 to $262.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Finally, Susquehanna raised their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Amazon.com has an average rating of "Buy" and an average price target of $264.04.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company's stock, valued at $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,997,911 shares of company stock valued at $4,989,630,574 over the last ninety days. Insiders own 9.70% of the company's stock.

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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