Amazon.com, Inc. $AMZN is Twin Capital Management Inc.'s 4th Largest Position

Twin Capital Management Inc. reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,172 shares of the e-commerce giant's stock after selling 2,525 shares during the quarter. Amazon.com comprises 3.2% of Twin Capital Management Inc.'s investment portfolio, making the stock its 4th biggest holding. Twin Capital Management Inc.'s holdings in Amazon.com were worth $27,430,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Norges Bank acquired a new position in Amazon.com during the fourth quarter worth $27,266,582,000. GAMMA Investing LLC raised its holdings in Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares during the last quarter. Capital World Investors raised its holdings in Amazon.com by 36.8% during the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after purchasing an additional 17,681,004 shares during the last quarter. Vanguard Group Inc. raised its holdings in Amazon.com by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. Finally, Capital International Investors raised its holdings in Amazon.com by 26.5% during the fourth quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 25,025,854 shares of company stock valued at $5,659,723,195 in the last ninety days. Corporate insiders own 10.80% of the company's stock.

Amazon.com Trading Down 1.7%

Amazon.com stock traded down $3.7930 during trading on Wednesday, hitting $224.2170. The company's stock had a trading volume of 19,696,742 shares, compared to its average volume of 44,564,785. The stock has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.19, a P/E/G ratio of 1.56 and a beta of 1.31. The stock's fifty day moving average is $221.91 and its 200 day moving average is $208.35. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate 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 business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the subject of several research reports. BNP Paribas Exane raised Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective for the company in a report on Friday, June 27th. Tigress Financial lifted their price objective on Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. Benchmark reaffirmed a "buy" rating and set a $260.00 price objective on shares of Amazon.com in a report on Friday, May 2nd. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an "outperform" rating in a report on Tuesday, July 1st. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $262.87.

Amazon.com Company 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.