Amazon.com, Inc. $AMZN Shares Sold by Modera Wealth Management LLC

Key Points

• Modera Wealth Management LLC reduced its holdings in Amazon.com by 1.6%, owning 240,833 shares worth approximately $45.8 million after selling 3,888 shares in the first quarter.
• CEO Andrew R. Jassy sold 19,872 shares of Amazon at an average price of $221.58, decreasing his ownership by 0.90% and leaving him with 2.18 million shares valued at about $482.7 million.
• Selling pressure from insiders led to a total of 25 million shares worth nearly $5.68 billion being sold in the last quarter, with insiders currently owning 9.70% of the company's stock.

Modera Wealth Management LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 240,833 shares of the e-commerce giant's stock after selling 3,888 shares during the period. Modera Wealth Management LLC's holdings in Amazon.com were worth $45,821,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LSV Asset Management purchased a new stake in Amazon.com during the fourth quarter valued at about $35,000. Perritt Capital Management Inc raised its position in Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 80 shares in the last quarter. Cooksen Wealth LLC purchased a new stake in Amazon.com during the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the first quarter valued at about $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com during the first quarter valued at about $42,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In other Amazon.com 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 sale, 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 filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded down $2.60 on Friday, hitting $229.00. 26,167,914 shares of the company were exchanged, compared to its average volume of 37,773,448. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 34.91, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The stock's 50 day moving average price is $224.25 and its 200 day moving average price is $207.95. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Zacks Research downgraded Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Cantor Fitzgerald lifted their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Royal Bank Of Canada lifted 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. JMP Securities reiterated a "market outperform" rating and issued a $285.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Finally, Westpark Capital reissued a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus 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.