Amazon.com, Inc. $AMZN is Amundi's 4th Largest Position

Key Points

• Amundi increased its stake in Amazon.com by 15.1% during Q1, holding over 55 million shares, which makes Amazon its 4th largest holding.
• Insider sales included CEO Douglas J. Herrington and CFO Brian T. Olsavsky, who collectively sold shares valued at over $4.5 million, resulting in decreased ownership for both executives.
• Amazon reported stronger-than-expected quarterly earnings of $1.68 per share, exceeding analysts' estimates and achieving a 13.3% revenue increase year-over-year.

Amundi boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 15.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,337,037 shares of the e-commerce giant's stock after buying an additional 7,267,277 shares during the quarter. Amazon.com accounts for approximately 3.6% of Amundi's holdings, making the stock its 4th biggest holding. Amundi owned about 0.52% of Amazon.com worth $9,884,098,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aprio Wealth Management LLC lifted its position in shares of Amazon.com by 18.0% in the 1st quarter. Aprio Wealth Management LLC now owns 15,414 shares of the e-commerce giant's stock worth $2,933,000 after buying an additional 2,354 shares during the last quarter. 11 Capital Partners LP lifted its holdings in shares of Amazon.com by 56.6% in the 1st quarter. 11 Capital Partners LP now owns 182,379 shares of the e-commerce giant's stock worth $34,699,000 after purchasing an additional 65,900 shares during the last quarter. 3G Capital Partners LP boosted its position in Amazon.com by 92.3% during the 1st quarter. 3G Capital Partners LP now owns 125,000 shares of the e-commerce giant's stock valued at $23,782,000 after purchasing an additional 60,000 shares during the period. Promethium Advisors LLC grew its stake in Amazon.com by 6.2% during the 1st quarter. Promethium Advisors LLC now owns 9,960 shares of the e-commerce giant's stock worth $1,895,000 after buying an additional 578 shares during the last quarter. Finally, Paragon Private Wealth Management LLC increased its position in Amazon.com by 14.1% in the first quarter. Paragon Private Wealth Management LLC now owns 27,261 shares of the e-commerce giant's stock worth $5,187,000 after buying an additional 3,376 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

NASDAQ AMZN traded down $1.80 during trading on Friday, reaching $228.15. 38,434,486 shares of the company's stock were exchanged, compared to its average volume of 32,713,818. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business has a 50 day moving average price of $226.87 and a 200-day moving average price of $208.62. 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 stock has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a PEG ratio of 1.54 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results 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. 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the company earned $1.26 earnings per share. 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. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several recent analyst reports. Cowen reiterated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the company a "buy" rating in a report on Tuesday, July 8th. Oppenheimer lowered their target price on Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a report on Friday, August 1st. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Finally, Westpark Capital reissued a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $262.87.

Insider Activity

In other news, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares of the company's stock, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is currently owned by company insiders.

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.