Amazon.com, Inc. $AMZN Shares Sold by Polen Capital Management LLC

Key Points

• Polen Capital Management LLC has reduced its stake in Amazon.com by 9.2%, selling approximately 1.8 million shares, while still representing about 10.6% of its total holdings.
• Amazon reported a net revenue of $167.70 billion for the last quarter, beating estimates, with earnings per share (EPS) of $1.68, exceeding analyst expectations by $0.37.
• Multiple analysts have raised their price targets for Amazon's stock, with Canaccord Genuity setting a target of $280.00, indicating a generally positive outlook among analysts.

Polen Capital Management LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 17,747,395 shares of the e-commerce giant's stock after selling 1,799,217 shares during the quarter. Amazon.com accounts for approximately 10.6% of Polen Capital Management LLC's holdings, making the stock its biggest holding. Polen Capital Management LLC owned approximately 0.17% of Amazon.com worth $3,376,619,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AMZN. Brighton Jones LLC grew its holdings in shares of Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after purchasing an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after purchasing an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE grew its holdings in shares of Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in shares of Amazon.com in the 4th quarter worth about $2,153,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Amazon.com stock opened at $235.84 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a market cap of $2.52 trillion, a PE ratio of 35.95, a PEG ratio of 1.56 and a beta of 1.31. The company's 50-day moving average is $226.07 and its two-hundred day moving average is $208.03.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its 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. 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 for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the company posted $1.26 EPS. The company's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 25,097,911 shares of company stock worth $5,676,032,574. Corporate insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMZN. Royal Bank Of Canada upped their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Oppenheimer decreased their price objective on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a report on Friday, August 1st. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Telsey Advisory Group reissued an "outperform" rating and set a $265.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Susquehanna increased their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a report on Friday, August 1st. Two 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 company. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and a consensus target price of $262.87.

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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