Amazon.com, Inc. $AMZN Stock Holdings Reduced by Atria Investments Inc

Key Points

• Atria Investments Inc has reduced its stake in Amazon.com by 3.6%, holding 545,904 shares valued at approximately $103.86 million, making it the firm's third-largest position.
• Amazon reported a 1.68 EPS for its latest quarter, surpassing the consensus estimate of $1.31, alongside a revenue of $167.70 billion which exceeded expectations by $5.9 billion.
• Insider sales included significant transactions by CEO Douglas J. Herrington and former CEO Jeffrey P. Bezos, with the latter selling approximately 2.64 million shares valued at over $609 million recently.

Atria Investments Inc trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 545,904 shares of the e-commerce giant's stock after selling 20,103 shares during the quarter. Amazon.com makes up approximately 1.3% of Atria Investments Inc's holdings, making the stock its 3rd biggest position. Atria Investments Inc's holdings in Amazon.com were worth $103,864,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. FMR LLC lifted its stake 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 worth $72,061,766,000 after purchasing an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC increased its holdings 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 lifted its position 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 buying an additional 4,087,933 shares in the last quarter. Norges Bank bought a new position in Amazon.com during the fourth quarter valued at approximately $27,266,582,000. Finally, Northern Trust Corp grew its holdings in Amazon.com by 14.0% during the 4th quarter. Northern Trust Corp now owns 97,076,276 shares of the e-commerce giant's stock valued at $21,297,564,000 after buying an additional 11,926,749 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Trading Up 3.1%

Shares of NASDAQ AMZN traded up $6.89 during midday trading on Friday, hitting $228.84. The company's stock had a trading volume of 37,264,095 shares, compared to its average volume of 46,830,960. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month 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. The firm has a market cap of $2.44 trillion, a P/E ratio of 34.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The business's 50 day moving average is $222.63 and its two-hundred day moving average is $208.07.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 EPS. Amazon.com's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction dated 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 sale, the insider owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 25,012,284 shares of company stock valued at $5,656,976,492. Company insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Cantor Fitzgerald raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Susquehanna upped their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price objective on the stock in a research report on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Buy" and an average target price of $262.87.

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.