Amazon.com, Inc. $AMZN Stake Decreased by TCW Group Inc.

Key Points

• TCW Group Inc. reduced its stake in Amazon.com, Inc. by 0.3%, holding 2,369,402 shares, which represents 4.0% of its investment portfolio and is its 3rd largest position.
• Amazon.com reported stronger-than-expected earnings for the quarter, with $1.68 EPS and revenue of $167.70 billion, surpassing estimates and marking a 13.3% increase year-over-year.
• Insider sales at Amazon.com were significant, with executives selling over 25 million shares worth nearly $5.68 billion in the last three months, representing a notable decrease in their ownership stakes.

TCW Group Inc. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,369,402 shares of the e-commerce giant's stock after selling 7,048 shares during the quarter. Amazon.com comprises approximately 4.0% of TCW Group Inc.'s portfolio, making the stock its 3rd biggest holding. TCW Group Inc.'s holdings in Amazon.com were worth $450,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AMZN. FMR LLC raised its holdings in shares of Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the period. Geode Capital Management LLC grew its position in shares of Amazon.com by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after acquiring an additional 5,015,380 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Amazon.com by 2.3% in the 4th 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 acquiring an additional 4,087,933 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Amazon.com by 14.0% in the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock worth $21,297,564,000 after purchasing an additional 11,926,749 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Amazon.com by 14.1% during the 4th 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 acquiring an additional 8,142,030 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 897,722,088 shares of the company's stock, 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 Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 25,097,911 shares of company stock worth $5,675,986,299. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Up 1.1%

Shares of NASDAQ:AMZN traded up $2.48 during mid-day trading on Thursday, reaching $231.60. 33,645,386 shares of the company's stock were exchanged, compared to its average volume of 44,096,445. The firm has a market capitalization of $2.47 trillion, a price-to-earnings ratio of 35.30, a PEG ratio of 1.53 and a beta of 1.31. 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, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The business's fifty day moving average price is $223.48 and its 200-day moving average price is $208.13.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $161.80 billion. During the same quarter in the prior year, the business earned $1.26 earnings per share. The business's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research analyst reports. Cowen reiterated a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, August 1st. Monness Crespi & Hardt boosted their price target on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Needham & Company LLC reissued a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Finally, Royal Bank Of Canada upped their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. 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 stock. According to MarketBeat, Amazon.com currently has a consensus rating of "Buy" and an average price target 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.