Amazon.com, Inc. $AMZN Stock Holdings Lessened by SageView Advisory Group LLC

Key Points

• SageView Advisory Group LLC reduced its stake in Amazon.com, Inc. by 2.1%, selling 1,561 shares and now holding 71,950 shares valued at approximately $13.7 million.
• Amazon's Q2 earnings report showed an EPS of $1.68, surpassing estimates, with revenues of $167.7 billion, up 13.3% year-over-year.
• Institutional investors and hedge funds control 72.20% of Amazon's stock, indicating strong interest and investment from major financial entities.

SageView Advisory Group LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,950 shares of the e-commerce giant's stock after selling 1,561 shares during the quarter. Amazon.com makes up 0.6% of SageView Advisory Group LLC's portfolio, making the stock its 22nd biggest holding. SageView Advisory Group LLC's holdings in Amazon.com were worth $13,689,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Alpha LLC lifted its position in Amazon.com by 10.5% during the first quarter. Advisory Alpha LLC now owns 44,564 shares of the e-commerce giant's stock worth $8,479,000 after buying an additional 4,237 shares during the period. Trinity Financial Advisors LLC lifted its holdings in shares of Amazon.com by 79.9% during the 1st quarter. Trinity Financial Advisors LLC now owns 6,788 shares of the e-commerce giant's stock worth $1,211,000 after acquiring an additional 3,015 shares during the period. Oriental Harbor Investment Fund boosted its position in shares of Amazon.com by 69.8% in the first quarter. Oriental Harbor Investment Fund now owns 555,429 shares of the e-commerce giant's stock worth $105,676,000 after acquiring an additional 228,284 shares during the last quarter. Game Plan Financial Advisors LLC grew its holdings in Amazon.com by 7.0% in the first quarter. Game Plan Financial Advisors LLC now owns 39,314 shares of the e-commerce giant's stock valued at $7,480,000 after purchasing an additional 2,556 shares during the period. Finally, Alaethes Wealth LLC increased its position in Amazon.com by 3.8% during the first quarter. Alaethes Wealth LLC now owns 41,993 shares of the e-commerce giant's stock worth $7,990,000 after purchasing an additional 1,521 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated Friday, July 11th. The stock was 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 of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last ninety days. Company insiders own 10.80% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded up $3.44 during trading on Tuesday, reaching $234.87. The company had a trading volume of 24,107,871 shares, compared to its average volume of 43,616,891. The firm's fifty day moving average is $227.03 and its 200 day moving average is $208.71. 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 capitalization of $2.50 trillion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month 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, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Piper Sandler lifted their target price on Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Barclays increased their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Bank of America boosted their price objective on shares of Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Susquehanna raised their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research note on Friday, August 1st. Finally, Truist Financial upped their price target on shares of Amazon.com from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Buy" and an average price target of $263.30.

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.