Amazon.com, Inc. $AMZN Shares Sold by Meeder Asset Management Inc.

Meeder Asset Management Inc. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 380,355 shares of the e-commerce giant's stock after selling 6,541 shares during the quarter. Amazon.com comprises 4.9% of Meeder Asset Management Inc.'s portfolio, making the stock its 4th largest position. Meeder Asset Management Inc.'s holdings in Amazon.com were worth $72,366,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of AMZN. Meeder Advisory Services Inc. boosted its holdings in Amazon.com by 5.9% in the 1st quarter. Meeder Advisory Services Inc. now owns 180,457 shares of the e-commerce giant's stock worth $34,334,000 after acquiring an additional 10,101 shares during the period. Clarendon Private LLC boosted its holdings in Amazon.com by 2.1% in the 1st quarter. Clarendon Private LLC now owns 20,930 shares of the e-commerce giant's stock worth $3,982,000 after acquiring an additional 430 shares during the period. Lutz Financial Services LLC boosted its holdings in Amazon.com by 2.7% in the 1st quarter. Lutz Financial Services LLC now owns 3,377 shares of the e-commerce giant's stock worth $643,000 after acquiring an additional 89 shares during the period. Fiera Capital Corp boosted its holdings in Amazon.com by 10.2% in the 1st quarter. Fiera Capital Corp now owns 496,181 shares of the e-commerce giant's stock worth $94,403,000 after acquiring an additional 46,068 shares during the period. Finally, Ramirez Asset Management Inc. boosted its holdings in Amazon.com by 6.6% in the 1st quarter. Ramirez Asset Management Inc. now owns 20,195 shares of the e-commerce giant's stock worth $3,842,000 after acquiring an additional 1,255 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on AMZN shares. Rosenblatt Securities upped their price target on Amazon.com from $288.00 to $297.00 and gave the stock a "buy" rating in a report on Friday, August 1st. UBS Group restated a "buy" rating and issued a $271.00 price target (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Susquehanna increased their price target on Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a report on Friday, August 1st. Finally, BMO Capital Markets increased their price target on Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus price target of $262.87.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $231.60 on Friday. The stock has a fifty day moving average price of $223.86 and a two-hundred day moving average price of $208.12. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market cap of $2.47 trillion, a P/E ratio of 35.30, a PEG ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly 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 return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction 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 trade represents a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 6,835 shares of the firm's stock in a transaction on 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 directly owned 520,507 shares of the company's stock, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,097,911 shares of company stock worth $5,675,986,299. 9.70% of the stock is owned by insiders.

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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