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

Key Points

• Zevin Asset Management LLC has reduced its stake in Amazon.com, Inc. by 10.5%, owning 119,052 shares worth approximately $22.65 million after selling 13,907 shares in the first quarter.
• Jeffrey P. Bezos sold 4.27 million shares of Amazon, totaling nearly $960.67 million, representing a 0.47% reduction in his stake in the company.
• The company's recent quarterly earnings report showed a 13.3% increase in revenue year-over-year, posting $167.70 billion with an EPS of $1.68, exceeding analysts' expectations.

Zevin Asset Management LLC decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 119,052 shares of the e-commerce giant's stock after selling 13,907 shares during the period. Amazon.com accounts for 3.6% of Zevin Asset Management LLC's portfolio, making the stock its 8th largest position. Zevin Asset Management LLC's holdings in Amazon.com were worth $22,651,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth $25,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com in the fourth quarter worth $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com in the fourth quarter worth $35,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the first quarter worth $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com in the first quarter worth $40,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction on 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 $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 25,012,284 shares of company stock worth $5,656,976,492. Corporate insiders own 9.70% of the company's stock.

Amazon.com Trading Down 1.8%

NASDAQ AMZN opened at $223.81 on Thursday. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The company's fifty day moving average price is $222.12 and its two-hundred day moving average price is $208.46.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Moffett Nathanson increased their price objective on shares of Amazon.com from $250.00 to $253.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. BMO Capital Markets upped their target price on shares of Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Robert W. Baird upped their target price on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Finally, Wedbush upped their target price on shares of Amazon.com from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $262.87.

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.

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