NCP Inc. Sells 18,724 Shares of Amazon.com, Inc. $AMZN

Key Points

• NCP Inc. has reduced its stake in Amazon.com by 41.8%, now holding 26,094 shares, making it the second largest position in their portfolio.
• Several institutional investors have recently entered new positions in Amazon, contributing to 72.20% of the company's stock being owned by institutions and hedge funds.
• Amazon reported strong earnings with an EPS of $1.68, exceeding estimates, and an increase in revenue of 13.3% year-over-year, while analysts have set a consensus price target of $262.87.

NCP Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 41.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,094 shares of the e-commerce giant's stock after selling 18,724 shares during the quarter. Amazon.com accounts for 6.7% of NCP Inc.'s portfolio, making the stock its 2nd biggest holding. NCP Inc.'s holdings in Amazon.com were worth $4,965,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $25,000. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $27,000. LSV Asset Management bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $35,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 1st quarter valued at approximately $36,000. Finally, Inlight Wealth Management LLC bought a new position in shares of Amazon.com during the 1st quarter valued at approximately $40,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 3.1%

Shares of AMZN traded up $6.89 during midday trading on Friday, reaching $228.84. 37,264,095 shares of the stock were exchanged, compared to its average volume of 46,830,960. 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 moving average is $222.63 and its two-hundred day moving average is $208.26. The company has a market capitalization of $2.44 trillion, a P/E ratio of 34.88, a PEG ratio of 1.49 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to analysts' expectations 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 in the prior year, the business posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMZN. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Moffett Nathanson upped their price objective on Amazon.com from $250.00 to $253.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. JMP Securities reaffirmed a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Monness Crespi & Hardt upped their price objective on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, JPMorgan Chase & Co. upped their price objective on Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $232.32, for a total value of $1,111,418.88. Following the completion of the sale, the chief executive officer directly owned 510,255 shares in the company, valued at approximately $118,542,441.60. This trade represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $230.43, for a total value of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares of the company's stock, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,012,284 shares of company stock valued at $5,656,976,492 over the last 90 days. 9.70% of the stock is currently owned by company insiders.

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.