Facet Wealth Inc. Cuts Stake in Amazon.com, Inc. $AMZN

Key Points

• Facet Wealth Inc. reduced its stake in Amazon.com by **5.8%**, holding **36,771 shares** worth approximately **$6.85 million** after selling **2,254 shares**.
• Insider Jeffrey P. Bezos sold **4,273,237 shares** of Amazon stock, valued at nearly **$961 million**, which represents a **0.47% decrease** in his position.
• Amazon's stock recently traded up **1.1%**, reaching **$231.60**, and the company reported a quarterly EPS of **$1.68**, exceeding estimates by **$0.37** with revenue growth of **13.3%** year-over-year.

Facet Wealth Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,771 shares of the e-commerce giant's stock after selling 2,254 shares during the period. Facet Wealth Inc.'s holdings in Amazon.com were worth $6,852,000 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 AMZN. GAMMA Investing LLC increased its stake in shares of Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares in the last quarter. Capital World Investors increased its stake in shares of Amazon.com by 36.8% during the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after purchasing an additional 17,681,004 shares in the last quarter. Capital International Investors increased its stake in shares of Amazon.com by 26.5% during the fourth quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares in the last quarter. Northern Trust Corp increased its stake in shares of Amazon.com by 14.0% during the fourth 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 in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Amazon.com during the fourth quarter worth about $2,037,963,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. Corporate insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AMZN. Needham & Company LLC reissued a "buy" rating and set a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Royal Bank Of Canada upped their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Jefferies Financial Group upped their price objective on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $280.00 price objective 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 assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Trading Up 1.1%

Shares of AMZN stock traded up $2.48 during trading hours on Thursday, hitting $231.60. The company had a trading volume of 33,650,159 shares, compared to its average volume of 46,110,316. The company's fifty day moving average is $223.48 and its 200 day moving average is $208.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The stock has a market capitalization of $2.47 trillion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping 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 period in the prior year, the business posted $1.26 EPS. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Company 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.