Cozad Asset Management Inc. Has $17.91 Million Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Cozad Asset Management Inc. has reduced its stake in Amazon.com by 5.3%, now owning 94,132 shares valued at approximately $17.9 million, making it the 4th largest position in their portfolio.
• Several hedge funds significantly increased their shares in Amazon, with GAMMA Investing LLC raising its stake by over 21,420% to now control 30.2 million shares worth about $5.75 billion.
• Analysts have shown optimism, with Bank of America raising its price target for Amazon shares from $265 to $272 and many maintaining a "buy" rating amid a consensus price target of $262.87.

Cozad Asset Management Inc. reduced its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,132 shares of the e-commerce giant's stock after selling 5,239 shares during the period. Amazon.com makes up 1.8% of Cozad Asset Management Inc.'s investment portfolio, making the stock its 4th largest holding. Cozad Asset Management Inc.'s holdings in Amazon.com were worth $17,910,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its position in Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock valued at $72,061,766,000 after acquiring an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Amazon.com by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after purchasing an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after purchasing an additional 4,087,933 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Amazon.com by 14.0% in the fourth quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after purchasing an additional 11,926,749 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Amazon.com by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant's stock valued at $14,474,471,000 after buying an additional 8,142,030 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AMZN shares. Cantor Fitzgerald raised their price objective on Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Monness Crespi & Hardt boosted their price target on shares of Amazon.com from $265.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Zacks Research downgraded shares of Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Citigroup restated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Evercore ISI reaffirmed an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. 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 data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $262.87.

Amazon.com Stock Performance

NASDAQ AMZN traded down $2.60 on Monday, hitting $229.00. 26,167,914 shares of the stock traded hands, compared to its average volume of 37,773,448. 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 business's fifty day moving average is $224.25 and its two-hundred day moving average is $207.79. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The firm's quarterly 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, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 6,835 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.62, for a total transaction of $1,514,772.70. Following the sale, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. This represents a 1.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares of the company's stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,095,411 shares of company stock valued at $5,675,473,849. Corporate insiders own 9.70% of the company's stock.

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.