Amazon.com, Inc. $AMZN Shares Sold by Gilbert & Cook Inc.

Key Points

• Gilbert & Cook Inc. reduced its holdings in Amazon.com, Inc. by 5.6% in Q1, owning 27,574 shares valued at approximately $5.25 million, making Amazon its 14th largest holding.
• Several institutional investors increased their stakes in Amazon, with 72.20% of the stock now held by these investors and hedge funds, signaling strong institutional support.
• Amazon recently reported an EPS of $1.68 for the last quarter, exceeding estimates by $0.37, and achieved revenue of $167.70 billion, reflecting a 13.3% year-over-year growth.

Gilbert & Cook Inc. lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,574 shares of the e-commerce giant's stock after selling 1,643 shares during the quarter. Amazon.com comprises about 0.8% of Gilbert & Cook Inc.'s holdings, making the stock its 14th biggest holding. Gilbert & Cook Inc.'s holdings in Amazon.com were worth $5,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of AMZN. Western Wealth Management LLC increased its holdings in shares of Amazon.com by 0.9% in the first quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the period. Momentous Wealth Management Inc. purchased a new position in shares of Amazon.com in the fourth quarter valued at $749,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com during the first quarter worth about $514,000. Bearing Point Capital LLC purchased a new stake in Amazon.com in the 4th quarter valued at approximately $12,014,000. Finally, Evergreen Capital Management LLC boosted its stake in shares of Amazon.com by 0.5% during the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after acquiring an additional 1,198 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent analyst reports. UBS Group reissued a "buy" rating and set a $271.00 price objective (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Cowen restated a "buy" rating on shares of Amazon.com in a report on Friday, August 1st. Wedbush increased their target price on Amazon.com from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Finally, Truist Financial lifted their price target on Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $262.87.

Amazon.com Trading Up 3.1%

Shares of AMZN stock traded up $6.89 during mid-day trading on Friday, reaching $228.84. The company's stock had a trading volume of 37,264,095 shares, compared to its average volume of 46,830,960. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.44 trillion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The company's 50 day simple moving average is $222.63 and its 200-day simple moving average is $208.07. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 EPS. 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.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 4,784 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the transaction, the chief executive officer directly owned 510,255 shares of the company's stock, valued at approximately $118,542,441.60. The trade was a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the firm's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the sale, the insider directly owned 883,779,901 shares of the company's stock, valued at approximately $203,649,402,587.43. The trade was a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,012,284 shares of company stock worth $5,656,976,492 in the last quarter. Insiders own 9.70% of the company's stock.

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.